The Federal Government has announced funding support for a string of new projects as part of its Automotive Innovation Lab Access Grants program.
Devices which pick up when drivers are getting tired and save on fuel consumption are among the projects to share in almost $2.5 million dollars in funding from the Government’s Automotive Innovation Lab Access Grants program.
Minister for Industry, Science and Technology Karen Andrews said these grants will help the businesses get their products to market sooner.
“These grants are part of the Liberal National Government’s ongoing efforts to support the automotive and advanced manufacturing sectors, a vital part of our economy,” Minister Andrews said.
Victorian company Brown & Watson International secured a $200,000 grant to help develop an automotive lighting project, which will appeal to 4WD enthusiasts and long distance transport users.
NSW-based Disc Brakes Australia won a $107,100 grant to help develop a new light-weight, composite, performance disc brake rotor to improve fuel efficiency and vehicle safety.
A $200,000 grant was awarded to Victorian business Composite Materials Engineering (VIC) to help create and validate an advanced lightweight body panel.
Some of the other grant recipients include Optalert (VIC), Impact Import Group (VIC), Eurospares (VIC), TJM Products (QLD) and HRDS Technologies (NSW)
Image credit: https://www.industry.gov.au/