Antonov, the UK-based transmission technology specialist, has announced that the company in partnership with Jaguar and MIRA, has been awarded a high profile project by the UK Government's Technology Strategy Board to develop a high efficiency two-speed transmission suitable for use in electric vehicles.

The project will run for one year with Antonov as the leading partner on the project and a final aim of demonstrating the transmission in a vehicle application.

Antonov will realise an initial engineering turnover of approximately GBP200,000 at this stage. Thereafter, the developed two-speed should be ready for use in a commercial application, potentially leading to serial production, it said.