£1.8 million fund for low carbon vehicle technology in Wales

Ford and the Welsh Government have launched a £1.8 million fund to encourage businesses to produce low carbon vehicle technologies, helping to stimulate innovative economic growth in Wales.

The Ford Low Carbon Vehicle Transition Fund, administered by the Welsh Government as part of Ford’s legacy in Wales, will address strategic industrial technical challenges associated with low carbon vehicles.

There will be a clear focus on commercialisation and exploitation of new products, processes or services and growing capacity in low carbon technologies.

Projects must align with one of the following Automotive Council roadmaps: Electrical Energy Storage; Electric Machines; Power Electronics; Fuel Cell; Lightweight Vehicle and Powertrain Structure

The new fund will open for applications on Monday 20 September 2021.

Businesses in the sector are encouraged to start thinking now about the technical improvements they could make, and how they use the funding to benefit the Welsh economy. It will help them work-up strong applications within the timescales and start a conversation on considering how they might pledge to become a net-zero organisation.