-2.1 C
New York City
Saturday, May 4, 2024
Home Around-the-World Call for Electric Mobility Development Funding Kick-starts

Call for Electric Mobility Development Funding Kick-starts

The uYilo electric mobility programme has announced the opening of the 2022 kick start funding call for electric mobility projects.

The technology development funding started in 2014 and provides up to R1 million for projects that qualify to e-Mobility focus areas – energy storage, vehicle systems, charging infrastructure and connected car.

Previously funded projects included battery systems, charging solutions, motors, inverters, remote monitoring systems, and electric vehicles. Project submissions will be evaluated against the required criteria, with those accepted required to achieve a set of milestones throughout the project development process.

“The development of a local e-Mobility value-chain is the key outcome of the uYilo kick start funding initiative,” says uYilo Director, Hiten Parmar. “The kick start fund focuses on accelerating existing research and development to the level where they can be commercialized into the market. It provides the support for local products and services, along with developing skillsets so South Africa can use its own resources to build an electric vehicle industry, with expanding opportunities for export while creating local employment.”

International market changes in the acceptance of internal combustion engines (ICE), with deadlines for allowing ICE vehicles into city centers, has placed the spotlight on South Africa’s need to evolve into the electric mobility future.

“We need to become part of the future and have the opportunity to become a leader in e-Mobility in Africa. The uYilo Kickstart Fund is part of helping local companies realise the future and become globally competitive with local innovation” says Parmar.

Internationally ICE technology has a decade left before being replaced by a variety of solutions within the eMobility ecosystem. After that time, South Africa will have to be an exporter of eMobility solutions, with the associated local workforce and job opportunities, or it will have to rely on imports, with little of the local automotive industry left.

Project applications must be completed and submitted to [email protected] before the deadline at midday on 31 January 2022.

©Copyright MOTORING WORLD INTERNATIONAL.
All rights reserved. Materials, photographs, illustrations and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior written permission from Motoring World International

Contact[email protected]

Most Popular

Minister Reiterates FG’S Commitment to Fast- Track Development in Auto Sector

The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Doris NKIRUKA Uzoka-Anite has reiterated the Federal Government’s commitment to boost development in...

Inactive Nigerian Auto Assemblers May Lose License – FG

The Federal government of Nigeria has embarked in evaluation of the nation’s existing assembly plants with a view to ascertaining the ones that are...

NADDC Partners AAAM, NAMA on Growth of Nigeria’s Automotive Industry

As part of measures to foster the growth and development of Nigeria’s automotive industry, the National Automotive Design and Development Council (NADDC) has initiated...

Nigeria Auto Industry Summit Holds in Lagos June 27th

All is now set for the maiden edition of the Nigeria Auto Industry Summit (NAISU) being organized by the Nigeria Auto Journalists Association (NAJA) in...