Minister highlights importance of Formula E to UK trade

Published: Friday 3rd July 15

With around 60,000 people having spent the weekend in Battersea Park enjoying the spectacle of London’s first ever Formula E races, the Government’s UK Trade and Investment body (UKTI) has given the event a ringing endorsement and highlighted its importance to British business and the development of low carbon technologies.

  

UKTI works with British businesses to ensure their success in international markets through exports. It also encourages and support overseas companies to look at the UK as the best place to set up or expand their business. 

Government ministers and leaders from the automotive industry met on Friday, ahead of the weekend’s races, to discuss the best ways of moving Formula E’s pioneering electric vehicle technology “from the race track to the road”.

The UK is a world leader in the development of low carbon technologies, home to more F1 teams than any other country and a major player in the development of the pioneering technologies that have made the Formula E race series possible.

Friday’s special UKTI event highlighted the Government’s commitment to working with the UK’s motorsport industry to further develop technology in the automotive sector.

As well as hearing from leading industry figures, motorsports suppliers met with the wider automotive community. Suppliers discussed how Formula E technology can assist in the development of road-going electric cars.

Speaking at the event, Lord Maude, Minister of State for Trade and Investment said: “Formula E has vital implications far beyond the motorsport industry. It is a locus of R&D around electric cars; offers an important opportunity to promote and generate interest around these cars; and promotes clean energy and sustainability.

Already we are seeing Formula E teams working on ‘race to road’ programmes here in the UK.”

These programmes are producing tangible results. UKTI highlighted the fact that 500 London buses are being fitted with an energy recovery system conceived by Williams Formula One and manufactured by UK engineering company GKN.

This enables buses to improve their fuel economy and lower their CO2 emissions by over 20 per cent, reducing their impact on air quality in the capital. This innovative system, pioneered by a British based racing company will soon go into full-scale production.

The UK is now Europe’s biggest market for low carbon cars. It accounted for 20 per cent of all Electric Vehicle (EV) and plug-in hybrid electric vehicle (PHEV) sales in 2014. With 25 per cent of European EV sales, the UK-made Nissan Leaf is a market leader.

Programmes such as the Advanced Propulsion Centre (APC) will build on the UK’s world leading capability by helping to finance the development of low carbon products to enter production. The APC is a joint government-industry initiative worth over £1 billion.

Community services spokesman Cllr Jonathan Cook said: “We always knew that staging Formula E in the park would help local businesses and give London’s hugely important tourism sector a major boost.

“But this UKTI event showed just what a massive and positive contribution it can make to British business, jobs and economic growth, as well as the globally important technological advances it is already beginning to achieve in reducing carbon emissions and improving air quality.

“The organisers behind Formula E are at the cutting edge of electric vehicle technology. Today’s racing cars use the type of motors that could soon be fitted as standard in the next generation of electrically powered family saloons and hatchbacks.  

“We want to support advances in this important eco-technology and give our backing to the hugely valuable British motor racing industry which generates thousands of jobs in the UK’s engineering sector.”

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Recent comments

Yes all fine, but NOT in our Grade 2 listed local park....it is not a racetrack. Furthermore, Formula E have not made good all the damage they did this summer, as promised....never again....anywhere else, fine - even the drivers think it's a rubbish location...
Fiona Cunningham-Reid

29 October 2015

There cannot possibly have been more than 30,000 each day, Caroline. This would have been against the Council's conditions and the number of tickets sold - around 26,000, although they have yet to make a return of the number of tickets scanned. Given the touts trying to sell tickets on Saturday, it looks as if unofficial agents may have been badly burned.
susan lofthouse

7 July 2015

The closing of the park's facilities and the aggressive nature of the staff, the loss of amenity and the general disruption was unforgivable and a disgrace it should never happen again.
Roderic MacClancy

6 July 2015

Mike The park had a concrete and metal collar round it chocking the life out of it and meaning park users and others were forced to stay away. Interested to know how many you thought were there as definitely not the reported numbers from the TCV pictures. Could have been happening anywhere and did not hear Wandsworth mentioned. Host car racing where it is supposed to be on roads. If it went down my road I would not have a problem just don't use a precious green space that is for everyone. The park does not need 6,000 tons of concrete walls to make it look great!
Harry

6 July 2015

Contrary to all the NIMBYs below, I went to the event and thought it was fantastic. The park was shown to the world as the beautiful park that it is, and a world class event was staged in our borough. We should be proud. And the thousands that turned up seemed to enjoy it too - definitely more than the 3,000 mentioned by Vadim below, not sure what planet he's living on! Well done Wandsworth!
Mike Thomas

6 July 2015

Agree with Laura Townsend - I thought the Formula E event was great overall as an event and for Wandsworth and should come back to Battersea Park next year. I also disagree with the person who said only 3000 people turned up - there were way more than that on the Sunday alone. I would definitely go again and would like to add my voice to those of other Wandsworth residents who are in favour of this event and not against it. I do think a couple of organisational glitches need sorting out (the stands were not labelled for example, and I would agree that noise from TV helicopters was too loud), but I would definitely like to vote for Formula E's return next year and want to point out that not all Wandsworth residents are against this event.
Caroline

6 July 2015

Please spare a moment and view this proposal that will leave Battersea Parks smaller neigbour Falcon Park permanantly ruined for local residents of battersea and beyond .Please view and support the campaign by viewing the FACEBOOK PAGE :SAVE FALCON PARK where details and our petition is still active. Also many thanks to the most unlikely allies Wandsworth Green Party and UKIP who have been doing a great job post general election championing local causes not just parks but UKIPS work to save the Battersea Sports Center and collections for the Wandsworth Foodbank .Great work for the community .
PHIL.K

5 July 2015

I strongly agree with the voices of many residents! a major disruption, an abuse! Politicians treating the park as if it were some personal asset! shame on you! I walked with a blind friend and resident who was totally lost... Consult the real users of the park before you dream of making this a fixture ever again!
Camilla de Barry

5 July 2015

Cllr Cook a name assosiated with bogus propoganda and lies to the public .This event was a disaster for 3 Boroughs who use Battersea Park .local bussiness only saw a minor benifit with others making a loss .As for the advancing of technology in electric cars I am sure that the 2 days of racing in Battersea Park was not the reason for any new technology in this area .Schools and people in the area have been left without a major park for nearly 3 weeks with limited access in most areas its a discrace not to mention the impact on sensitive park wildlife. Cllr Cook if you want a "free" good idea for Battersea Park make the fountain into a free public swimming bath in hot summer months. We need a diverse Council vote Green Party and Ukip.
PHIL.K

5 July 2015

This is yet more propaganda from Wandsworth about this event. There were barely 3000 people on each day. The 60,000 figure is a lie designed to hide the failure of the event. Furthermore, the park carriageway has been trashed with scrapes and burnt rubber tracks all the way around. There was not proper consultation for the planning application with residents and stake holders. The children's zoo for example was only consulted after the decision was made. There must be an independent audit of the finances of this event and proper consultation with the public before planning is granted for next year's event.
Vadim Jean

4 July 2015

I would like to strongly protest at the closure of Battersea Park for FOUR days at the end of June, no matter what the so-called ecological advantages. This is a very bad precedent and I hope will not be followed up.
sonia markham

4 July 2015

Please move this inappropriate event to a racing track. We go to the park to escape cars and enjoy tranquility and the fabulous green and open space - our sanctuary in urban SW London.
kathy leppard

4 July 2015

BUT NOT IN BATTERSEA PARK - with virtually a month of disruption for an ill-defined "sensitive" fee. WBC must listen to people and not treat our parks as if they were theirs.
Celia Blair

3 July 2015

BUT NOT IN BATTERSEA PARK - with virtually a month of disruption for an ill-defined "sensitive" fee. WBC must listen to people and not treat our parks as if they were theirs.
Celia Blair

3 July 2015

Cllr Cook you are becoming a laughing stock in Wandsworth your are not listening to local people who have told you that this is not the event for Battersea Park.
Harry

3 July 2015

Cllr Cook once again proving he lives in cloud Cookoo land and is so arrogant he thinks he can ignore all the destruction to Battersea Park that has occurred to bring this event to fruition. 800+ HGVs bringing newly manufactured concrete 4.3tonne blocks from Nottingham and 3 weeks of disruption to park users and residents. What a disgrace!! Hang your head in shame Cook!!
Louise

3 July 2015

Jonathan Cook you seek to explain the three weeks disruption in the park and the park being closed by quoting Goverment approval well it just does not wash. No problem with Formula E just is a public park in the middle of summer which has had to be closed for four days and suffered major disruption really the right way for this. JC now matter how you spin this this has been a PR disaster with local people.
Jim t

3 July 2015

I guess different residents have different views on events like this. I am a resident who really enjoys going to Battersea Park for runs / walks & enjoy the peace and quiet that I find there. Equally I went to see Formula E and think it is a great way for the council to bring money in for the park to help maintain & improve it. I am one resident who will not be sad to see it come back and will definitely go in future years to see it if it is there.
Laura Townsend

3 July 2015

Petty about the disruption,the closure of great areas of the park for two weeks, the closure to the public for 4 days, the massive carbon footprint. Jonathan Cook - exactly how much extra business did this two day event bring? And I am not talking about a few people in the local pub.
susan lofthouse

3 July 2015

'many of these people would become orderly if pain were taken to provide for them healthful recreation… will promote social and domestic happiness…'Rev Robert Eden who advised the Royal Commission of Metropolitan Works in 1843 to create Battersea for the ordinary people. A lung for the city. To find the park closed to the public is contrary to the whole ethos of a park and a shameful act by the council. 3 helicopters, countless pantechnicons are not ecological and destroy the much needed tranquillity and respite for thousands of ordinary park users. Move the event to a more suitable venue. On the plus side; there was ample parking space as WBC extended the CPZ.
Lola

3 July 2015

Instead of publishing reports like this at how business is behind this money making event in Battersea Patk why not publish comments from the hundreds of residents who are against this event like myself and who consider Battersea Park a totally inappropriate setting for this event.
Suzanne Foster

3 July 2015

Delighted that Formula E will boost business for the UK - and we residents are pleased to have been part of this exploratory event - now it can be moved away from our park and to a proper racing track and attract even more visitors and swell the coffers of the many corporate identities. Enough - the vast tonnage of concrete lorried in from Sheffield, the 12 days of hell is not for us. Put up council tax for houses over £2million.
Fiona Cunningham-Reid

3 July 2015