“Coventry and the sub region has a significant contribution to make in the delivery of the UK’s national industrial strategy, being in a strong position to lead the advancement of battery development, and vehicle electrification and autonomous vehicles. It will be at the heart of the drive to make the city a smart motor city,” he said.
But there is potential competition from a new Institute for Advanced Automotive Propulsion Systems (IAAPS) being built on the Bristol and Bath Science Park.
IAAPS will be a global centre of excellence for the development of future generations of ultra-low emission vehicles. Construction of the £60m IAAPS facility will start in the summer of 2018, and it is scheduled to open in early 2020.
The Institute will exploit the engineering expertise of the University of Bath with backing from McLaren, Ford, Jaguar Land Rover, Hofer Powertrain and HORIBA Group, as well as more local businesses such as HiETA Technologies.
“IAAPS will support the development of a much larger and more competitive automotive business cluster in the region, providing access to its state-of-the art facilities to start-ups and small to medium-sized companies," said Tim Bowles, Mayor of the Est of England. "Supporting innovation and business growth is key to our economic success. I want to see our businesses fulfil their potential, and will ensure our policies support businesses to start and grow here in the West of England.”