Massachusetts Firm Gets UK Government Support: £400,000
For Controllers, Pledges ‘to Increase Skilled Staff by 20 People’
Southborough, Mass.-based Sevcon says it will use a £400,000 grant from the British government – approximately $607,000 U.S. – to develop a new range of controllers for electric and hybrid vehicles, and “recruiting an additional 20 skilled staff” to do so – 13 now and seven later.
“The company has been successful in securing funds from the U.K. government-sponsored Regional Growth Fund, which will be used to develop the next generation of its successful Gen4 controller,” states a release.
“The low voltage controller will provide additional functionality and deliver improved performance, exceeding the emerging environmental and regulatory benchmarks in smaller dimensions than its predecessor,” Sevcon says.
UK Money, World Markets
“The worldwide drive for electrification gives us the confidence to invest in developing new products, and this award is testament to the strength of the business proposition we currently offer,” Sevcon president and CEO Matt Boyle says in the award announcement.
The new controller “will offer unparalleled ease-of-use, allied with the ability to customize the functionality and operation to allow users with small product volumes to have access to advanced ‘off-the-shelf’ electrification solutions,” said Sevcon global product manager Stephen Chilton.
“The support offered by the Regional Growth Fund allows Sevcon to invest in employing the world’s best engineers,” Chilton said. “These engineers will be needed to deliver these innovative products into environment-saving applications in the coming years.”
Sevcon says it’s shipped more than 111,000 of its Gen4 controllers. The product was launched in 2010 “and is the undisputed market leader,” powering mid- and high-performance electric motorcycles. It “is also proving popular with Tier I manufacturers for on-road vehicle applications in the rapidly growing Asian electrification market,” Sevcon says.
Source: Sevcon with Fleets & Fuels follow-up