Freight Innovation Fund projects announced

Winning projects from the third round of the Freight Innovation Fund have been announced, worth £1.8 million from both government and industry.

Funding is awarded to SMEs to trial new groundbreaking technology for decarbonising freight and driving innovation in the sector.

Projects include TUAL working with Wincanton to trial high performance powerbanks for electric lorries, and Innervated Vehicle Engineering working in partnership with Asda to retrofit hydrogen power to small delivery vans.

UK businesses from the first year of the fund have so far raised £97 million in additional capital to fund their innovative projects.

Delivered by Connected Places Catapult, the Freight Innovation Fund will give SMEs access to technical and business support from the organisation to develop new groundbreaking projects.

Chief Executive Officer at Connected Places Catapult, Erika Lewis, said: "Building on the success of the Freight Innovation Fund to date, I’m very pleased to welcome a third cohort of high potential innovators onto the Accelerator.

"This programme gives bespoke support to SMEs, working hand-in-hand with industry as they trial their solutions in real-world environments. By supporting new ideas in freight, we are helping to unlock the sector’s potential to be greener and more efficient."