Sheffield magnetics firm attracts £1.26m government grant

A Sheffield magnetic gear company has secured a £1.26m government grant to cut vehicle emissions in the freight industry.
David Latimer, CEO at Magnomatics, Sheffield. 18 August 2015.David Latimer, CEO at Magnomatics, Sheffield. 18 August 2015.
David Latimer, CEO at Magnomatics, Sheffield. 18 August 2015.

Magnomatics will fit its MAGSPLIT transmission device - a gear and motor - into two lorries as part of a year-long trial.

It is part of a £20m project to reduce pollution that will see vans go electric and lorries running as hybrids or on hydrogen dual-fuel.

The freight industry accounts for a third of the UK’s CO2 transport emmissions.

David Latimer, of Magnomatics, said: “This trial will verify the technology.”

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