Automotive Transformation Fund Feasibility Studies: Round 3

Organisations can apply for a share of up to £10 million for business case feasibility studies to support scale up of the UK’s zero emission automotive supply chain. Interested? Feel free to contact us!

Dates:

Competition closes: 9th March 2022, 11am

Applicants notified: 8th April 2022

Project start date & duration: May-September 2022, for up to 6 months

Scope

The Automotive Transformation Fund will support the industrialisation at scale of a high value electrified automotive supply chain in the UK. This competition is to support companies in the development of an investment business case to secure large scale automotive supply chain manufacturing in the UK. These business case feasibility studies must:

  • Result in a detailed business case enabling a decision either to invest in the project, and therefore the UK, or showing clearly the additional steps or measures to do so
  • Prioritise the automotive sector, but this does not exclude spill over use in other sectors
  • Deliver a closeout report and attend a meeting with APC, to review the business case, its outcomes and next steps, prior to closure and payment of the final claim

Specific Themes

Your business case must prioritise the scale up in areas mentioned in the Automotive Transformation Strategy for an electrified supply chain. Your project must prioritise scale up and can focus on but not be limited to:

  • batteries, including cells (gigafactories)
  • electric motors and drives
  • power electronics
  • fuel cells and on-vehicle hydrogen storage
  • upstream supply chain for: batteries including cells, electric motors and drives, power electronics or fuel cells and on-vehicle hydrogen storage

Projects that will not be funded

  • Not of sustained benefit to the automotive sector primarily
  • Focussed primarily on fossil-fuelled internal combustion technology; the use of digital or data technologies; low carbon fuels for combustion engines; off-vehicle charging infrastructure

Eligibility

  • State aid funding rules apply.
  • A 3% levy is payable to the APC by all partners on grant received.

Funding Rates

  • Total eligible project costs up to £1 million (Total pot £10 million)
  • For feasibility studies you could get funding for your eligible project costs of:
    • up to 70% if you are a micro or small organisation
    • up to 60% if you are a medium-sized organisation
    • up to 50% if you are a large organisation
  • Research organisations in your consortium can share up to 30% of the UK total eligible project costs.

How PNO can support you

The UK team has a strong track record in securing some of the most competitive national and European grants on behalf of its clients, with a full understanding of how a project should be presented to stand the highest chance of success. Each year in the UK alone, we are responsible for the submission of more than 100 funding applications across all sectors and priority areas. Based on this extensive experience, through careful project selection and using key insight into how a project should be best positioned, we consistently achieve success rates that are more than 5 times the typical success rates for UK national schemes and EU programmes.

Contact us for further information







     privacy statement is applicable