Investment boost for green car technology
Mon, 27 Jun 2011
The Low Carbon Innovation Fund, based at the University of East Anglia, has invested £400,000 in new automotive technologies designed to improve fuel efficiency and reduce carbon emissions.
Controlled Power Technologies (CPT) has developed a range of products to help car makers meet tightening legislation on CO2 emissions by making the car significantly more fuel efficient, through mild electric hybridisation without the need to redesign the car or the car engine. The Essex-based specialists have a range of products currently in development including:
VTES is an electric supercharger which eliminates 'turbo-lag' - the delay between hitting the accelerator and boosting speed. Turbo-lag is experienced by drivers of cars with less powerful engines, but fitting VTES eradicates this problem and can make a 1.2 litre car feel like a 2 litre car. The technology is designed to help persuade drivers to choose cars with smaller engines, resulting in reduced fuel consumption and carbon emissions. It can be fitted by vehicle manufacturers to both new and existing cars - petrol and diesel - at relatively low cost. The product is currently being trialled by a number of leading car manufacturers and could be available to drivers as early as 2012.
SpeedStart is similarly an ultra-fast highly-programmable micro-hybrid electric motor which allows the engine to be turned off in intermittent traffic but re-starts quickly and unobtrusively, rapidly responding to driver change-of-mind during stop events. It also provides very efficient energy generation and recuperation during braking.
SAGE is a powerful electric compressor which cleans the latest generation of diesel-particulate filters.
TIGERS is an electric generator which recovers waste energy from exhaust gases.
Laura Chellis, LCIF project co-ordinator, said: "CPT is a local company with products that can have a global impact on reducing carbon emissions. We are proud to have such leading edge low carbon technology companies in our region and are delighted that we can support CPT's commercialisation plans."
CPT chief executive Nick Pascoe said: "Although we are now working on applications around the world, our products and technologies have all been developed by our experienced and growing team of engineers in the East of England and we are proud of our roots here. LCIF joins the list of our major shareholders at an exciting stage as we work to bring our more developed products to market. We welcome and appreciate LCIF's support and its recognition of the fruits of our work since the launch of CPT in 2008."
Launched in 2010, the Low Carbon Innovation Fund is part of a £20 million venture capital investment programme, including an £8m contribution from the European Regional Development Fund. The fund, which is based at the University of East Anglia, invests in SMEs across the East of England - a region which aspires to become a leading, world class low carbon economy.
Companies interested in seeking investment from the fund should contact Kevin Murphy on 0207 2481506.
Further details can be found at www.lowcarbonfund.co.uk and http://www.cpowert.com/