Government commits £73.5m to green transport
The government has announced a £73.5m investment in green automotive technologies.
It has identified 10 projects to receive a share of the grant to develop cutting-edge technologies such as recyclable batteries, advanced electrical systems and ultra-lightweight components.
This funding will also safeguard more than 14,000 UK research and manufacturing jobs, while enabling the manufacture of a greater volume of low emission cars, commercial vehicles and components right here in the UK.
Business minister Nadhim Zahawi said: “Not only will this funding ensure automotive companies can play their part in keeping us on the path to net zero emissions by 2050, it will also support thousands of jobs and be a welcome step towards the industry’s economic recovery.”
The projects were chosen by the Advanced Propulsion Centre (APC), which seeks to maintain the UK’s position as a centre of excellence for the research and development of low carbon vehicle technology.
Transport minister Rachel Maclean said: “As we look to kickstart our green transport recovery, new technologies and cleaner fuels are going to play an even greater role in achieving our aim of a greener and more prosperous economy. From recyclable batteries to state-of-the-art motors, not only will this funding create thousands of jobs, it will also bring us one step closer to achieving our net zero target within 30 years.”
