Objective The aim of the feasibility study is for Flybrid Automotive Ltd, a world leader in high-speed flywheel energy storage, to evaluate the technical, market and commercial opportunities of developing an innovative kinetic energy recovery system (KERS) for On-highway commercial vehicles, based on an existing, low-cost Off-highway product.Commercial vehicle operators are under continuous pressure to reduce operating costs of which fuel is a significant part. Flybrid's KERS product will provide a low-cost, short-payback fuel saving product for which there is significant market appetite. Fuel savings also equate to the global issue of CO2 and emissions reduction. The product will be primarily developed by Flybrid, supported by European tier 1s and OEMs in the commercial vehicle industry.The study will look at a number of key areas across a range of trucks/buses models and OEMs:- fuel and CO2 savings- KERS product cost- commercial attractiveness to both the vehicle purchaser and across the full supply chain- market size and growth opportunitiesThe study is expected to show that a simple, low-cost product can be developed that will:- offer 20% fuel and CO2 savings- deliver a <3 year payback on the KERS system cost to truck / bus operators- generate significant market pull and volume growth (10k units rising to 50k units at maturity)- create substantial incremental revenue and profit generation within the full value chain (almost entirely based within the EU).- achieve €38mil profit across the supply full chain at 10k units/annum with the mature potential for €180mil at 50k units/annumIt is likely that phase II funding would be sought to support the progression of the opportunity. Fields of science engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringcontrol systemssocial scienceseconomics and businesseconomicsproduction economicsproductivityengineering and technologyenvironmental engineeringenergy and fuels Programme(s) H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport Main Programme H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT) H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-10-2016-2017 - Small business innovation research for Transport and Smart Cities Mobility Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-1-2016-2017 Funding Scheme SME-1 - SME instrument phase 1 Coordinator FLYBRID AUTOMOTIVE LIMITED Net EU contribution € 50 000,00 Address 1 ASTON WAY LANCASHIRE PR26 7UX LEYLAND United Kingdom See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region North West (England) Lancashire Mid Lancashire Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 71 429,00
