Projects putting Formula 1 technology into buses and diggers while developing the next generation of engines are to receive money from a joint £1bn government-industry fund.
Business secretary Vince Cable will announce the £133m of new investment for the winning projects on a visit to Ford in Essex later today which will include Ford, GKN, Cummins and JCB. The Advanced Propulsion Centre (APC) will see Government and industry each invest £500 million in the sector over the next ten years to…
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