Snapshot from Aug 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Regulatory government grant

Turntide secures UK grant for axial flux motors

Analysis based on 7 articles · First reported Aug 10, 2026 · Last updated Aug 10, 2026

Sentiment
40
Attention
2
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The grant strengthens Turntide's ability to scale production of advanced axial flux motors, potentially boosting its competitiveness in the electric powertrain market. This could positively impact the UK's zero-emission vehicle supply chain and related industries.

Automotive Electric motors Manufacturing

Turntide Technologies, a global leader in electrification and hybridization solutions, has been selected for a £17 million matched funding grant through the UK Government's DRIVE35 Scale-up Fund, delivered by the Nigeria — Federal Ministry of Innovation, Science and Technology in partnership with the United Kingdom — Advanced Propulsion Centre and United Kingdom — Innovate UK. The funding supports Project SUPREME, an 18-month program to automate and scale production of axial flux motors, which are more efficient and compact than conventional radial flux designs. The project will expand Turntide's Gateshead campus and reestablish a facility in Cramlington, Northumberland, securing job growth in North East England. CEO Steve Hornyak highlighted the importance of scaling next-generation electric motor technology production in the UK for the global market.

priv
Turntide is the primary beneficiary, receiving £17 million in matched funding to automate and scale axial flux motor production, enhancing its manufacturing capabilities and market position.
Importance 100.0 Sentiment 70.0
govactor
The department provides the grant funding through the DRIVE35 program, reinforcing its commitment to advancing UK automotive R&D and manufacturing.
Importance 70.0 Sentiment 50.0
cnt
The UK government's investment in Turntide's project supports the nation's zero-emission vehicle supply chain and advanced manufacturing sector.
Importance 60.0 Sentiment 50.0
govactor
The APC is a key partner in delivering the DRIVE35 Scale-up Fund, facilitating the grant to Turntide and supporting the UK's zero-emission vehicle manufacturing goals.
Importance 60.0 Sentiment 50.0
govactor
United Kingdom — Innovate UK partners in delivering the DRIVE35 program, contributing to the funding and support for Turntide's project.
Importance 40.0 Sentiment 40.0
per
As CEO, Hornyak is the public spokesperson for Turntide, emphasizing the strategic importance of the project for scaling electric motor production.
Importance 30.0 Sentiment 40.0
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.