Roland Meister, Head of Transport at Innovate UK said:
Innovate UK provides consistent support to the sector, working with an industry-led advisory panel to help shape the technological direction and priorities for the Low Carbon Vehicles Innovation Platform.
We’re helping to drive forward economic growth in this highly productive sector already rich in export success. This is what our work is all about and the sector is a prime opportunity for patient investors.
The review focused on the 77 LCV projects completed up to 1 July 2014. These projects represent £79 million of funding from Innovate UK and partners. Around 170 representatives from industry and higher education took part. This represented 85% of the funds awarded.
Read more about businesses that have developed innovative new technologies following LCV IP support.