£54m ($75m) of UK Government funding has been allocated for next generation hydrogen-powered buses and electric trucks – a move that could secure nearly 10,000 jobs and save millions of tonnes of carbon emissions.
Business Secretary Kwasi Kwarteng today (22nd March) announced the funds that will support three projects in Cwmbran, Warwickshire and Ballymena, with hydrogen-powered bus manufacturer Wrightbus set to benefit from £11.2m ($15.5m) of the funds.
With its share of the new capital in Ballymena, Wrightbus will develop and manufacture low-cost hydrogen fuel cell technology for buses and create a hydrogen centre of excellence in the Northern Ireland town.
In Warwickshire, £11.3m ($15.6m) will be used to develop and manufacturing energy saving technology from motorsport for use in cars and vans, and in Cwmbran, £13.9m ($19.2m) will be used to develop electric propulsion systems for heavy goods vehicles.
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