Morgan Motor Company awarded £6m worth of funding to develop new powertrain technologies
Government Business Secretary, Sajid Javid, visits Morgan to announce £6m worth of funding for new powertrain development
Morgan Motor Company is pleased to announce that it will lead a £6m project to develop new powertrain technologies, in collaboration with UK companies Delta Motorsport and Potenza Technology. With funding from the UK’s Advanced Propulsion Centre, the consortium will develop hybrid and electric powertrain systems which will significantly reduce vehicle CO2 emissions and deliver best-in-class fuel economy.
The technologies developed through this project will be introduced progressively on Morgan’s range of hand-built sports cars from 2019, with hybrid propulsion available on all of its models by the end of the decade. The advantages in terms of performance, fuel economy and refinement are expected to increase demand across its most important markets in UK and across Europe. This will result in a growth of the workforce at the Malvern factory and within the partnering companies.
Morgan Managing Director, Steve Morris said “This is a very exciting project for us. We have been involved in the research and development of new propulsion technology since the inception of the LifeCar project almost ten years ago. We are now ready to develop the best hybrid and electric drive-train solutions for production implementation before the end of the decade. We expect the project to deliver growth and employment benefits here at Morgan and in our partner companies, but equally it will broaden the appeal of the Morgan brand and attract new customers in our key markets.”
The funding was announced by the Government’s Business Secretary, Sajid Javid, as part of his visit to the Morgan factory in Malvern Link last Friday (15/01/2016). During his visit, the Secretary of State was given a tour of the factory by Steve Morris, as well as being introduced to employees in key areas of the business.
For any press enquires please email [email protected]