Over 150 jobs will be created across Northamptonshire and Oxfordshire through a new UK-Germany electric vehicle technology project.
The cutting-edge project led by Mercedes-AMG High Performance Powertrains, renowned for the power units used in Formula 1 cars, will also secure 34 existing roles.
It will strengthen the UK’s EV supply chains and reinforce Britain’s position as a global hub for automotive innovation.
The Government is backing the initiative with £10 million through the Advanced Propulsion Centre – which targets funding to develop cutting-edge zero emission vehicle technologies – as part of £20 million total project funding.
The IGNITED project will develop an ultra-compact, high-power electric drive system – similar to an engine – for high-performance EVs. UK partners include YASA Ltd and DePe Gear Company Ltd, with production expected within three years.
Business and Trade Secretary Peter Kyle said: “This investment demonstrates the strength of our partnership with Germany in driving innovation and creating good jobs across our communities. By keeping advanced manufacturing expertise here in the UK, we’re building the supply chains and skills that will power our auto industry for decades to come.”
Tim Woolmer, founder and CTO, YASA, said: “YASA is proud to contribute to this UK-Germany collaboration, which represents an important milestone for the future of high-performance electric drive technology.
“Government support through the Advanced Propulsion Centre has been essential in enabling this next phase of R&D to remain in the UK, safeguarding specialist engineering roles and helping us accelerate breakthrough innovation alongside our partners at Mercedes-AMG.
“As we continue to scale our industry-leading axial-flux motor technology, projects like IGNITED strengthen the UK’s position as a global centre of excellence for advanced electric powertrain development.”
