The UK government has invested £10 million into a new Mercedes-AMG project to develop its next generation of high-performance electric motors.
The new programme will be led by Mercedes-AMG High Performance Powertrains, the Brixworth-based division that builds the German firm's Formula 1 power units.
AMG HPP will be supported by Oxford-based motor manufacturer Yasa, which was acquired by Mercedes-Benz in 2021, as well as Stoke-based gear manufacturer DePe.
Funding for the so-called Ignited project from the UK government, the German government and Mercedes-Benz totals £20 million.
