Cookies on Zenoot

This website uses cookies to ensure you get the best experience on our website. More info

2 minute read

Magtec announces £6m project to scale up production

A consortium led by Magtec has been awarded a significant grant from the Advanced Propulsion Centre (APC). The £6m funding package is focused on scaling up production of Magtec’s world-leading electric motors in the UK.

The project aims to utilise the latest automation technologies and establish Magtec as a tier one supplier to the global transport industry.

As a result, the project is expected to create 65 jobs at Magtec and a further 165 across South Yorkshire and the wider region as the company strengthens its UK supply chain.

Magtec has secured a £6m investment to scale up production of electric vehicle motors. The project is expected to create 230 jobs across Magtec and its wider supply chain / Picture: Magtec


Magtec will collaborate with leading transport sector OEMs Paneltex, Volta Trucks and Dennis Eagle, strategic partner Angel Trains and research partners the Manufacturing Technology Centre (MTC) and the University of Sheffield Advanced Manufacturing Research Centre (AMRC) to ensure Magtec accelerates production rates to meet the growing demand for the next generation of electric commercial vehicles.

The MTC and AMRC, both part of the Catapult network of world-leading technology centres, will provide knowledge in processes, systems and materials science and best practice from the automotive and aerospace sectors.

The OEM partners will provide input on manufacturing and testing requirements during the project as well as the route to market for Magtec’s products.

Andrew Gilligan, managing director at Magtec, said: “Fears over a climate emergency is driving change across the global transport industry and Magtec is at the forefront of the technology needed to make it happen.

“We are delighted to be working with our OEM, strategic and research partners to industrialise our manufacturing operations and satisfy demand for our class-leading electric vehicle drive systems. We are creating high-quality engineering jobs across our company and regional supply chain and strengthening the UK’s standing in this emerging global sector.”

The international market for commercial electric vehicles is rapidly expanding as governments bring in tough new regulations to combat climate change.

Last year, Magtec won funding from Innovate UK to develop its capabilities for testing power controllers, representing another step in the scaling up of its manufacturing operations.

This content is copyright of Zenoot Ltd and its originator. You can use extracts, share or link to this page and you may draw the attention of others to content posted on our site. Bulk copying of text is not permitted. You can view our Terms of Use here.