Altair Together With JLR And Battery Manufacturer Danecca Disclosed Getting A Funding From The UK Government To Create A New Design Process For Electric Vehicles
Portfolio Pulse from Benzinga Newsdesk
Altair, in collaboration with Jaguar Land Rover (JLR) and battery manufacturer Danecca, announced receiving funding from the UK government to develop a new design process for electric vehicles. This initiative is part of a broader effort to advance the EV sector in the UK and could potentially lead to innovations in vehicle design and battery technology.
December 07, 2023 | 12:10 pm
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Altair's collaboration with JLR and Danecca, backed by UK government funding, may lead to advancements in EV design, potentially benefiting Altair's position in the industry.
The news of receiving government funding for a project aimed at improving EV design processes is likely to be viewed positively by investors. It suggests that Altair is actively involved in the growing EV market and is working on cutting-edge technology, which could lead to future growth opportunities. The direct involvement in the project and the partnership with notable entities like JLR and Danecca increase the relevance and importance of this news for Altair.
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