Very interesting reading,
The scheme explicitly allows for both single and collaborative (consortium) applications, and it is common in UK innovation funding for consortia to be formed or restructured during the application process, especially if it strengthens the case for supply chain integration and additionality
if IXR has already submitted an application for the Automotive Transformation Grants scheme. The scheme explicitly allows for both single and collaborative (consortium) applications, and it is common in UK innovation funding for consortia to be formed or restructured during the application process, especially if it strengthens the case for supply chain integration and additionality. The UK government has designed the Automotive Transformation Grants scheme specifically to enable this type of coordinated, multi-company approach to address supply chain coordination failures in the ZEV transition.
Ford and LCM can each apply for up to £100 million (25% of eligible costs) to support capital investment in IXRʼs commercial plant, either directly or as part of a consortium. The remaining funding must come from private sources or other partners. This structure is designed to de-risk supply chain investments and accelerate the UKʼs transition to zero-emission vehicles.
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