Sheffield Tech Firm targets Chinese Market (Demo)

Sheffield-based Magnomatics is set to contribute its technologies to the UK arm of Chinese car manufacturing giant Changan as part of a new collaboration agreement between the two.

Changan UK was established by Changan Automobile in June 2010 and is dedicated to powertrain design and development for its parent company’s next generation vehicles.

A powertrain comprises the components which conduct the vehicle’s power from the original source of energy to the surface of the road.

Magnomatics’ collaboration agreement with Changan UK and consortium partners Romax Technology, CMCL Innovations and University of Sheffield is to develop and evaluate the Sheffield company’s Magsplit hybrid transmission for use in future Changan Vehicles.

The £2.85m project, codenamed IMPACT, has been co-funded by Innovate UK and was one of the winning bids following a competition launched last September encouraging companies to propose ideas to cut vehicle emissions.

David Latimer, chief executive of Magnomatics, said the partnership with Changan “offers Magnomatics a route into the Chinese automotive market where we expect to see strong growth of car sales”.

Dr. Xiaoyu Zhang, general manager of Changan UK, added: “We are pleased that with the involvement of Innovate UK, Changan is able to evaluate this promising UK technology against other world class proposals for hybrid transmissions.

“Changan UK’s success in designing and developing our future powertrain products means we are well placed to do so and are further pleased that this project promotes closer collaborative ties between the UK and China.”

Magnomatics was formed in 2006 as a spin-out company from a research group at the University of Sheffield.

Source: Sam Bulcock, Insider Media, 22nd August 2016

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