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Friday, June 24, 2005

ITI steers £5.2m into EV projects 

Friday, June 24, 2005

News from the Scotsman (Edinburgh, Scotland, UK)
by Douglas Friedli

TECHNOLOGY for the next generation of electric vehicles will be developed in Scotland following a £5.2m investment by the agency set up to develop innovation in energy.

The Intermediary Technology Institute for Energy has revealed the first two projects which it will fund, just over a year after it was set up by the Scottish Executive to identify market opportunities and commission research.

The Aberdeen-based agency, headed by chief executive Tony Amor, is the last of the three new ITIs to reveal how it will spend part of its £150m budget over 10 years.

A source at the institute said the pace of deals was likely to increase, and that it would reveal "six to eight" new projects in the next 12 months.

ITI Energy will spend £4m on a scheme to modify mobile phone-type batteries for use in cars and laptop computers in collaboration with Qinetiq, the former defence research agency, and St Andrews University.

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