Ricardo research provides ‘groundbreaking’ evaluation of UK automotive industry

Ricardo research provides ‘groundbreaking’ evaluation of UK automotive industry
01 June 2010

A report based on work carried out by Ricardo has been published today by the UK Government-backed Technology Strategy Board.

This is the first time that research has revealed the areas of the automotive industry where the UK thrives, and also outlined areas where capability could be developed. The study – hailed as groundbreaking by the Technology Strategy Board – looks in detail at each Research and Development area within the auto industry, measuring the UK’s capability.  Designed to be used as a basis by which funders and business can make future decisions about the development of the auto industry, it is envisaged that the report will help the UK to take advantage of the market opportunities that the development of Low Carbon Vehicles brings.  

Ricardo chief technology & innovation officer Professor Neville Jackson said: “We are pleased to have been able to deliver such an important evaluation of the UK automotive industry on behalf of the Technology Strategy Board.  This research will hopefully provide useful guidance to policy makers, business and academia in shaping the future of automotive technology research and innovation within the UK.”

The auto industry has also welcomed the report as an important step towards a co-ordinated and concerted effort to kick-start a Low Carbon Vehicles market in the UK.  Paul Everitt, Chief Executive of the Society of Motor Manufacturers and Traders (SMMT) said: “This report demonstrates that the UK motor industry is well set to exploit the transition to ultra low carbon vehicles. It has the skills, capabilities and technological strengths that are required for success. Industry is committed to low carbon technology, investing heavily in research and development, product testing and world-class production facilities.”

Iain Gray, Chief Executive of the Technology Strategy Board said: “This is a brilliant guide for the auto industry, putting them in a position where they can see where the opportunities and challenges lie. It enables anyone who wants to look, to examine the current capability in the UK and maybe even recognise opportunities to help strengthen areas that show room for improvement. It doesn’t draw conclusions about the direction that we should take or set out a strategy but is a rich resource of information, showing what the auto industry in the UK is good at and where we are best placed to grow. It’s going to help inform decisions about the direction that business takes and where future investment should lie, including those made by the Technology Strategy Board in conjunction with partners about the future direction of our Low Carbon Vehicles Innovation Platform.”

Ends

A full copy of this press release, the report summary document and the press release issued today by the Technology Strategy Board may be downloaded from the links at the top right of this page.



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