UBC chooses South Yorkshire to develop greener vehicles
Summary
Maurizio Cunningham-Brown, CEO of the Ultimate Battery Company, explains: “To develop these new technologies and products we needed to find a location with a green energy infrastructure and the support framework and supply network in place to help us achieve our ambitions. The company has been able to establish valuable connections with the AMRC, which offers excellent resources and expertise to help UBC to put their plans in motion. We are very pleased to welcome UBC to South Yorkshire, and we look forward to supporting the business further as it embarks on its ambitious growth plans.” Steve Foxley, CEO of the University of Sheffield AMRC, said: “It has been a great pleasure to work with the Ultimate Battery Company around its manufacturing innovations for energy storage technology and we are delighted to see they are now building on that collaboration with inward investment into South Yorkshire, close to the research expertise of the AMRC. Our new battery changes the dynamics – not only will the electric vehicles achieve purchase price parity with traditional cars, but total cost of ownership will be significantly less in terms of both lower operating and maintenance costs.” “The demand for these products is out there and has already been confirmed by a wide range of leading automotive manufacturers and other related industries. As such, we are confident that with the resources we will have in place at our new facility and the technology we are looking to bring online, we can accelerate the switch to electric vehicles long before the 2040 target.” “In the meantime, we’re looking forward to being located in South Yorkshire to make these exciting plans a reality and working with SYMCA, AMRC and the DIT (Department of International Trade) to get our new facility up and running and push the start button on what will be the new car batteries of the future.”