Made in the Midlands member C. Brandauer & Co Ltd is set to play a significant role in the development of cleaner mobility products, for use in all vehicles from scooters to buses.
Brandauer has been selected to be part of a new consortium led by Oxfordshire-based automotive tech company Saietta after it won a grant to fast-track production on new electric propulsion motors.
It is hoped the technology will be available for mass-market adoption, with Brandauer saying it marked a "step change" in how the sector can make electric vehicles go faster for longer.
The firm will use its stamping and progression toolmaking expertise to produce busbars and laminations for use in the state-of-the-art motors.
It has secured £500,000 of new R&D funding with the potential to generate up to £1 million of new sales in the first year following project completion and more revenues to follow as manufacturing volumes increase.
Saietta will work closely with Brandauer and AEV, a specialist in the manufacture of electrical insulating resins, varnishes and compounds, on refining the process for core motor component manufacturing and motor assembly.
The research contract will enable Saietta to ramp up production capacity to 150,000 motors per year and hire up to 250 engineers in the first round of recruitment.
Rowan Crozier, Cheif Executive at Brandauer, said: "Providing cleaner transport is a major global opportunity for the UK and we are delighted to be part of the Saietta consortium to help bring important new technologies to market.
"We are heavily involved in providing specialist busbars and laminates to a number of clients in the electrification field and this latest project will give us the perfect platform to use our expertise to make a major difference in supporting the development of greener vehicles."
Wicher Kist, chief executive of Saietta, added: "This is a significant day for Saietta.
"By quickly scaling up operations we can fully capitalise on the commercial opportunity that we know exists.
"Based on the conversations we've had, and the projects we're already involved with, we know that the mass production of our technology will allow us to power a new generation of electric vehicles, in markets around the world, bringing a new era of mobility."
(Source: Business Live)