The engineering and systems integration partnership is designed to support and advance a new class of niobium-powered lithium-ion battery technology.
Williams Advanced Engineering (WAE) has appointed automotive industry veteran Jean-Marc Gales as Chairman of the Board.
The investment from Williams Advanced Engineering & Foresight will take the machine learning technology company through its next stage of growth.
The project will involve the design and construction of a bespoke battery electric powertrain that can regenerate power as the truck travels downhill, and a fast-charging unit.
Collaboration between Williams Advanced Engineering (WAE) and Foresight Group gives SMEs and start-ups the technical and financial support to take innovative products to market.