Warwick to host £1bn Advanced Propulsion Centre
The University of Warwick is to become the home of the UK's new Advanced Propulsion Centre (APC).
The facility will support a 10 year, £1billion commitment between government and industry to develop low carbon propulsion systems.
The aim is for the APC to forge partnerships between those who have good ideas and those who can bring them to market.
Professor Richard Parry-Jones, co-chair of the Automotive Council, said: "This announcement represents another important step in the implementation of the Automotive Council's industrial strategy to position Britain as an undisputed leader in developing lower carbon technologies for future vehicles."
The APC has already committed more than £130million of new investment to the UK economy since it opened for business earlier this year. By the end of 2014 an additional round of project funding will allocate up to a further £75m.
The hub facility is due to open in the autumn.
