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Government
southyorkshire-ca.gov.uk

Investments

3

Partners & Customers

1

About South Yorkshire MCA

The South Yorkshire MCA works at a regional level to invest in delivering business growth, skills, and economic development-related projects, in addition to transport, housing, and the Mayor’s agenda.

Headquarters Location

11 Broad Street West

Sheffield, England, S1 2BQ,

United Kingdom

+44 (0) 114 220 3400

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Latest South Yorkshire MCA News

Battery company recruits production teams for South Yorkshire manufacturing facility

Mar 10, 2023

Battery company recruits production teams for South Yorkshire manufacturing facility The Ultimate Battery Co has started producing batteries at its site at Thurcfroft in South Yorkshire with the first products being dispatched this month. It’s making starter, lighter, and ignition batteries for vehicles, and hopes to be employing 500 skilled workers by 2026. A recruitment drive is under way for various roles in the first of a series of production teams, and recruitment will continue over the forthcoming months as production ramps up. Maurizio Cunningham Brown, Founder and Global CEO of UBC, said: “The site at Thurcroft is the ideal location for our first facility. It combines the benefits of local industry knowledge, good transport links, and a strong workforce ethic. It is close to our research partnership with the AMRC and The University of Bradford, as well as strongly supporting the commitment from the South Yorkshire MCA to net zero manufacturing. It is a quantum leap for the company and will support the government’s objectives to achieve net zero and reduce dependence on fossil fuels.” Production of UBC’s patented and cutting-edge battery modules has started, with the first order being dispatched in March 2023. Currently, the company is making substantial investment in the site to create a state-of-the-art facility. This includes the evaluation and installation of renewable energy solutions. Additionally, UBC have begun their next round of funding. The batteries it makes are lighter and more energy dense than other types, using the company’s own Duophasic technology, involving a modular design making the battery suitable for vehicles of all sizes, from electric scooters to trains and planes. UBC’s = battery products are designed for a sustainable economy. Locally-sourced materials with a high recycled content are used and, at end of life, up to 95% of material is recovered for re-use. The manufacturing process uses innovative techniques to ensure quality and minimise waste. UBC will make use of renewable energy generation across the operations to minimise carbon footprint. The new Thurcroft site will also house UBC’s innovation hub team of scientists and engineers, who will focus on bringing the advantages of UBC revolutionary technology into the development of the next generation of power trains for electric vehicles. A key part of the innovation hub will be the rapid prototype centre, reducing product development time from years to weeks for new battery applications. Share

South Yorkshire MCA Investments

3 Investments

South Yorkshire MCA has made 3 investments. Their latest investment was in Vanshades as part of their Grant on September 9, 2022.

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South Yorkshire MCA Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/8/2022

Grant

Vanshades

Yes

2

5/11/2022

Grant

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10

5/11/2022

Loan

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$99M

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10

Date

9/8/2022

5/11/2022

5/11/2022

Round

Grant

Grant

Loan

Company

Vanshades

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Amount

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

South Yorkshire MCA Partners & Customers

1 Partners and customers

South Yorkshire MCA has 1 strategic partners and customers. South Yorkshire MCA recently partnered with Lontra on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/28/2021

Partner

United Kingdom

1

Date

10/28/2021

Type

Partner

Business Partner

Country

United Kingdom

News Snippet

Sources

1

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