2019

Graeme Cook appointed as operations director at AVID Technology Group

"Award-winning, UK automotive clean-tech firm AVID Technology Group has strengthened its leadership team with another strategic appointment."

UK and US clean tech vehicle pioneers join forces on far-reaching project

“A trio of cleantech pioneers from across the UK has joined forces for a new programme to develop new powertrains for commercial vehicles.”​

Budding Unicorn appoints new chairman

“Automotive clean-tech firm AVID Technology Group has appointed Andrew Hodgson as its new non-executive chairman with immediate effect.”

Who's Laughing Now?

“Having been one of the very first businesses to realise the potential of electric vehicles back in 2004, Avid Technology is now reaping the rewards.”

£7M Investment In EV Component Maker Named Deal Of The Month.

“The £7m investment in AVID Technology, a Cramlington-based electric vehicle (EV) components manufacturer, has been named Insider’s Deal of the Month for March.”

Northumberland electric vehicle business secures £7m investment

“Northumberland electric vehicle manufacturer AVID Technology Group has secured £7m in an investment round led by private equity firm Maven.”

2018

AVID Technology wins contracts worth £50m – including designing parts for a supercar

“Clean-tech firm AVID Technology has won six new contracts worth a total of £50m a year with a number of international automotive firms.”

A Powerful Alliance for Battery Innovation – AVID Technology Joins With Caterpillar UK

“A Northumberland tech firm has teamed up with industry giant Caterpillar on a £2.8m clean energy project.”

AVID Technology strikes deal with Jaguar Land Rover in £20m R&D project

“Clean-tech firm AVID Technology has won six new contracts worth a total of £50m a year with a number of international automotive firms.”

Cramlington’s AVID Technology creates new jobs after winning £50m worth of work

“North East automotive firm Avid technology has created 10 jobs after winning a contracts worth more than £50m. The Cramlington firm has hired 10 members of staff since January... taking its headcount to 64.”

AVID Technology ships first EVO orders

“Award-winning North East-based automotive cleantech firm AVID Technology has successfully begun shipping high-performance EVO Electric Motors.”

AVID Technology strikes £50m electric vehicle deals as global export orders soar

“A Northumberland firm which is forging ahead in the growing electric vehicle industry has secured deals worth more than £50m for its clean tech motors.”

Four North East firms have been tipped as the next tech ‘unicorns’

“Investment group GP Bullhound included the four firms on a list of “foals” – businesses that could one day be valued at over $1bn.”

Engineers needed to develop advances in transport tech

“From self-driving cars to zero-emissions vehicles, engineers are at the forefront of a revolution in mobility and transport…changes are helping provide new jobs and opportunities, says Ryan Maughan, founder and managing director of Avid Technology…”

North East automotive supply chain companies engineer a success story for North East

“We will be establishing our own in-house technical academy to take recruits from school leaver to professional engineer specialising in electronics, embedded systems and robotics and also covering other engineering disciplines.”

2017

VIDEO: AVID: saving fuel and reducing emissions from vehicles

“Ryan Maughan left a career building racing cars to set up a business that could make a difference. He founded AVID Technology in 2004 to improve air quality by making vehicles more efficient.” Watch the video…

As the electric vehicle revolution heats up, why we must consider how to cool things down?

“Automotive cleantech firm AVID Technology is urging others to recognise the need to address the issue of battery temperature control in electric vehicles”

Electric vehicles set to play a key role in future household systems

“As Government announces the phasing out of petrol and diesel cars, electric vehicles could have a role beyond transport”

AVID Technology targets robotics industry after £1m investment in new facilities

“Our strategy is to increase turnover to £50m in the next three to five years as a specialist supplier of technology for electric vehicles, robotics and industrial electronics by growing our presence in the field of systems electrification.”

Meet the MD: Ryan Maughan of AVID Technology

“Ryan is MD of Cramlington-based AVID Technology, whose powertrain and management systems are used by almost every electric and hybrid truck and bus maker in Europe”

Northumberland cleantech firm strikes deal with global engineering business GKN

“AVID Technology Limited, which designs and manufactures electrified ancillaries for the electric and hybrid vehicle market, has won a multi-million pound deal with Global engineering firm GKN Hybrid Power to help develop its EVO Motors system.”

Cramlington-based AVID Technology to head up a £3.6m project to improve environmental standards in the marine industry.

“Launched by the Energy Technologies Institute (ETI), the project aims to develop and demonstrate a waste heat recovery system that could deliver reduced emissions and fuel efficiency savings of at least eight per cent across all types of ship…”

Cramlington firm to play key role in government carbon reduction mission

“Cramlington-based AVID Technology has been named as one of 20 UK consortia to participate in a £20m government project to improve air quality. The firm will work on a programme to increase the number of electric vans and lorries running as hybrids or on hydrogen dual-fuel…”

2016

Innovation showcase: AVID Technology Ltd

“AVID Technology talks to BQ about their spot in the Innovation Showcase at VentureFest North East, explaining a little more about their mission to save the planet, one vehicle at a time!”

AVID Technology in £5.2m vehicle powertrain project

“North East firm AVID Technology is part of a £5.2m, three-year project to develop more efficient vehicle powertrains with global manufacturer Caterpillar.”

AVID Measures Up With New Services For Bus Operators

“A popular manufacturing technique to boost factory efficiency is behind a new system designed to help bus operators with fleet efficiency…”

AVID’s New Service Drives Efficiency

“AVID Technology has launched a fleet system, based on the principles of Total Preventative Maintenance (TPM). Its three new consultancy and training packages, Smart Speed, Smart Shield and Smart Spanner, are designed to reduce costs, boost productivity and improve service delivery and safety.” Read more…

Cramlington’s AVID Technology in Caterpillar linkup

“Cramlington automotive cleantech firm AVID Technology has entered a partnership with construction machinery and equipment company, Caterpillar.”

AVID raises £3.4 Million in investment from NVM, IP Group and Downing

"A Northumberland company that works in electrified vehicles is set for growth after closing a £3.4m funding round."

AVID Technology has been successful in securing Innovate UK funding to develop its innovative hybrid systems technology.

“Five North East organisations have secured a share of a £38m fund designed to create jobs and help Britain become a “world leader” in exporting new emission-cutting technology”

2015

AVID Technology: It’s keeping cool and saving fuel

“UK bus manufacturers lead the way in developing fuel saving technology, and they rely on a range of suppliers to help them realise real, in-service benefits. Avid Technology is one of them, and it has more in store than its well-known eFan.”

AVID runner up at 2015 North East Exporters Awards, following strong growth and major new contract wins overseas

“Businesses showing a commitment to overseas trade have been honoured in seven award categories at a black tie dinner in Co. Durham.”

2014

Saving the Planet Through Electrification

“Suitable for retrofitting to virtually any bus, AVID Technology’s eFan micro hybrid system promises a list of attributes including the ability to trim fuel consumption by up to 15%”

Ipswich Buses Sees 10.8% Fuel Saving With AVID Technology

“Municipal operator Ipswich Buses has seen fuel savings of 10.8% on four of its Ipswich Park and Ride Optare Versas in a trial that has led it to retrofit the AVID eFan Micro Hybrid System to the rest of the Optare Versas in its fleet, and to start trials with other bus types.”

Trentbarton’s AVID hybrid roll out

“Trentbarton is to retrofit AVID eFan Micro Hybrid Systems to its existing bus fleet. Initially the program will concentrate on the company’s Optare Versas on the my15 route between Ilkeston, Long Eaton and Sawley, followed by Volvo B7RLEs on the Mickleover in Derby.”