Government-backed Oxford company opens 100,000 capacity clean electric motor factoryStaff Writer | February 1, 2018
A new 100,000-unit electric motor production facility for YASA, thriving electric motor manufacturer and University of Oxford spinout, was opened by the Business Secretary Greg Clark.
Britain An Oxford university spin-out
The company is now established as a world-leading electric motor manufacturer with 80% of its production destined for export across the world, including China.
In his speech today at the opening of the new site, which will support 150 high-skilled jobs, the Business Secretary will also announce as part of the Industrial Strategy a significant government investment of £184 million for 41 UK Universities to help train the next generation of world-class engineers and exceptional scientists at British universities.
The announcement follows the launch of the government’s Year of Engineering campaign in January, a year-long campaign to tackle the engineering skills gap and widen the pool of young people who join the profession.
The money will support Doctoral Training Partnerships (DTPs) that fund 4-year doctoral studentships, providing UK and international students at British universities with PhD training in science, engineering and mathematics.
The DTPs will support students entering training in the academic years beginning October 2018 and October 2019.
Investment in training future engineers and scientists will help deliver the ambitious vision set out in the government’s Industrial Strategy which aims to make the UK the most innovative economy in the world and build a Britain fit for the future through a stronger, fairer economy with ‘good work’, high-quality infrastructure and businesses that can lead the world in high-tech, highly-skilled industries. ■