A £1.8m legacy fund from Ford Motor Company which was set up after it closed its Bridgend engine plant in 2020 will support a low-carbon vehicle project.
The Ford Low Carbon Vehicle Transformation Fund will support Caerphilly-based Deregallera to start work on an alternative motor for electric vehicles that's less harmful to the environment.
It is one of the first projects to receive the Ford funding and will see the advanced R&D firm work with Cwmbran-based Meritor and academics at Cardiff University to design, develop and test a new low-carbon electric vehicle motor which uses fewer "rare earth" materials, making them more cost effective and better environmentally.
