Excite

UK goes green for cars

Britain as a manufacturing power has been in decline for the last fifty years, but there is hope that the UK can lead the way with battery-powered cars and low-carbon technology.

Market leaders GKN has decided to acquire a 21-5 percent stake in small start-up Evo Electric, which was founded in 2006 by Dr Michael Lamperth and Dr Malte Jaensch. The pair developed electric motors using new technology that they believed is cheaper, lighter and more efficient than conventional electric motors.

GKN has spied an opportunity and will be looking to take this technology to its global client base, including companies like Ford.

Reception for this new industry from the government and public alike has been warm, with the last government introducing a £5,000 discount on ultra-low carbon vehicles. It is said that 1 in 10 Toyotas sold in the UK are hybrids.

United Kingdom - Excite Network Copyright ©1995 - 2017