Innovate announce £20m fund to develop lightweight vehicles

Innovate UK and the Office for Low Emission Vehicles (OLEV) are to invest up to £20million in collaborative research and development projects to significantly reduce the weight of road-going vehicles.

Aiming to develop supply chain and expertise in the areas of advanced lightweight materials to make significant and necessary stepsin road vehicle weight reduction in order to reduce CO2 and other emissions.

Innovate say proposals must be collaborative and led by UK-based business organisations. Small businesses could receive up to 70% of their eligible costs, medium-sized businesses 60% and large businesses 50%. Projects are expected to range in size from £2m to £5m, and to last between 18 and 36 months.

The two-stage competition opens for applications on 24 August 2015. The deadline for registration is noon on 7 October 2015, and the deadline for applications is at noon on 14 October 2015.

There will be a competition briefing and consortium-building event for potential applicants in Droitwich Spa in Worcestershire on 3 September 2015.

Click here for more information and to register.