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Domin receives £4.4 million funding from Advanced Propulsion Centre

12 October 2023
The Business Magazine article image for: Domin receives £4.4 million funding from Advanced Propulsion Centre
A technician at work at Domin

Domin, the Bristol-based leading developer of cutting-edge hydraulic systems, has been awarded £4.4 million by the Coventry-based Advanced Propulsion Centre (APC) to participate in Project Additive - an initiative to develop integrated wheel motor and active suspension technology that will revolutionise EV architecture and deliver new levels of electrified vehicle performance.

The funding awarded to Domin is part of a wider £86.9 million investment from the APC into zero tailpipe emission vehicle technology, with the goal of positioning the UK as a global leader in sustainable transport innovation.

Domin will work alongside YASA, a wholly owned subsidiary of Mercedes-Benz AG, and Cranfield University on Project Additive.

Read more: Domin celebrates opening of new technology centre

Domin will adapt its world-class active suspension systems to integrate with YASA's in-wheel axial motor solution, giving drivers ground-breaking performance, and enabling vehicles to go further in more comfort. This will reduce range anxiety, with electric vehicles being able to achieve 10 per cent more range.

Announcing the funding, Minister for Industry and Economic Security Nusrat Ghani said: "Together with industry, we’re providing a huge £89 million of funding to drive 20 ground-breaking net-zero tech projects, which will help grow the economy and create UK jobs in the industries of the future."

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APC CEO Ian Constance said: "The APC's ongoing investments help cutting-edge companies like Domin develop the technologies that will enable mass adoption of net-zero vehicles. This latest funding round further propels the UK toward its net-zero ambition across a diverse range of vehicle segments."

"We are thrilled to receive this significant investment from the APC for Project Additive," said Marcus Pont, CEO of Domin. "It enables us to accelerate the development and production of our innovative active suspension systems, which will improve energy efficiency as well as transform the driving experience.

"With the APC's support, we expect to see vehicles equipped with our technology hit the roads within five years."

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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