$55m funding to kick-start iMove CRC
The federal government has allocated $151.5 million to establish four new specialised cooperative research centres (CRCs) designed to deliver practical solutions for common industry issues.
One of them, the iMove CRC, will be granted $55 million over 10 years to explore evolving new vehicle technologies that can help reduce congestion, fuel use and emissions while improving national productivity and competitiveness.
Announcing the allocations, Minister for Industry Innovation and Science Arthur Sinodinos said that the government has invested more than $4.2 billion in CRCs since the program’s inception.
“[The program] is a competitive, merit-based grant program that supports industry-led and outcome-focused collaborative research partnerships between industry, researchers and the community,” he said.
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