SOURCE:Chrysler Group LLC
SUMMARY:Total project investment $18.2 million ($9.25 million from Chrysler Group; $8.93 million from the Natural Sciences and Engineering Research Council of Canada)Goal to develop next-generation, energy-efficient, high-performance electrified powertrains and powertrain components suitable for a range of vehicle applicationsWork to be performed primarily at McMaster University by research engineers, faculty members, engineering students and engineers from Chrysler Group'sGlobal Electrified Powertrain GroupStudents to benefit from training and possible recruitment by Chrysler Group
HAMILTON, Ontario, Oct. 25, 2013 /3BL Media /PRNewswire/ -- Chrysler Group LLC has entered a 5-year, $18.2 million partnership with McMaster University, with funding support from the Canadian government, to develop next-generation, energy-efficient, high-performance electrified powertrains and powertrain components.
The partnership was announced today by the Honourable Greg Rickford, Canada's Minister of State for Science and Technology. It will see Chrysler Group invest $9.25 million in cash and in-kind contributions, with an additional $8.93 million coming from the Natural Sciences and Engineering Research Council of Canada (NSERC), the lead agency within Automotive Partnership Canada (APC), an initiative that supports industry research at Canadian universities and government laboratories.
Work will be centred at McMaster University, where 20 engineers from Chrysler Group'sGlobal Electrified Powertrain Group and seven McMaster research engineers will team with 16 faculty members and 80 graduate and undergraduate engineering students.The partners will also use Chrysler Group laboratories and test vehicles.
"Legislative pressure and socioeconomic forces are compelling the auto industry to deliver unparalleled technological advancement at an unprecedented rate," said Bob Lee, Chrysler Group Vice President and Head of Engine, Powertrain and Electrified Propulsion Systems Engineering. "This project harnesses the kind of intellectual capital and collaboration required to respond to such challenges. The result – superior technology developed from efficient new processes.
"Chrysler Group is grateful for the support of the Canadian government and McMaster University, a world-class institution with faculty to match," Lee added.