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ARTICLE · 19 SEPTEMBER 2024

Multi-million Pound Investment For Zero-emission Vehicle Technology

Marks & Clerk
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Marks & Clerk

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The UK has announced an £85.8 million investment package to advance zero-emission vehicle technologies. This includes government and industry funding, focusing on intellectual property protection, market readiness, and accelerating battery innovation for global competitiveness.

United KingdomIntellectual Property

The Advanced Propulsion Centre UK (APC) and the Department for Business and Trade have announced an £85.8 million-pound package of investment for the automotive industry to enable innovative zero-emission vehicle technologies. The package includes contributions from the UK Government and industry, with the latter providing almost half of the total funding.

The work facilitated by this package will result in the creation of significant amounts of intellectual property. While some of the goals will simply involve bringing the technology to market, many of the objectives will need effective protection of the intellectual property to achieve the industrial aims.

In the £59.9 million Collaborative Research and Development programme, £29.6 million of grant is provided by the Department for Business and Trade, with the balance being provided by industry. The aim of reducing CO2 in the manufacturing and usage of zero-emission vehicles has a global benefit. Raising

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