How did Norfolk-based Equipmake develop a world-leading electric drivetrain? And build a £400 million pipeline? And grow from 15 to 75 employees? And float on the Aquis Stock Exchange (AQSE)? By taking part in an APC-funded collaborative research and development project, of course!
Equipmake CEO Ian Foley speaks to transport and energy journalist David James about the company's recent success and how it has benefited from the APC funding.
Equipmake built the motors for the Ariel Hipercar (featured in the previous Road to Net Zero episode), and have applied the technology to their electric bus platform.
The company recently unveiled the repowered New Routemaster, developed at its base in Snetterton, Norfolk. The iconic red bus features a 400kWh battery enabling an expected in-service range of 150 miles – more than enough for a day’s running, replacing the previous hybrid combustion engine.
The development of the all-electric New Routemaster has come about thanks to a programme part funded by the APC: The CELEB2 project. It has a total project value £7.4 million, with £3.7 million funded through the APC and match-funded by Japanese investment.
Listen to this interview to find out more about the progress of the company since the awarding of the grant.