£130 million for cutting-edge next generation vehicles securing over 1,800 jobs Britain's automotive sector will benefit from almost £130 million of investment to ramp up new zero emission technologies, government has announced today. - Investment will support over 1,800 high-value manufacturing jobs, delivering on the Prime Minister’s mission for good growth in every postcode. - Almost £65m of government funding, matched by industry, will drive cutting-edge zero-emission projects, from self-driving cars to more affordable EVs. - Modern Industrial Strategy is bringing business and science together to drive British innovation, boost reindustrialisation and cement the UK’s leading role in advanced manufacturing. Britain’s automotive sector is set to benefit from nearly £130 million of investment to ramp up cutting-edge new zero emission vehicle technologies and support skilled jobs nationwide as the government focuses on delivering good growth in every postcode. Delivered through the UK’s Modern Industrial Strategy, the funding will support over 1,800 jobs - and thousands more in the supply chain - across the UK, helping to put more money in people’s pockets and ensure Britain is better off. Auto firms and key R&D partners have been awarded nearly £50 million in government funding that will help businesses build and produce the zero-emission vehicle technologies of the future at scale - helping to drive economic growth while simultaneously making EVs cheaper for consumers. This latest funding is delivered through the DRIVE35 programme - the biggest government investment into the UK’s car industry of the post-war era, with £4 billion to 2035 speeding up the electrification of the automotive industry. This builds on the Government’s mission to reindustrialise every part of the UK, back British innovation and ensure companies are able to succeed and scale here at home. Industry Minister Blair McDougall said: Britain invented the modern motor industry and we’re determined
£130 million for cutting-edge next generation <b>vehicles</b> securing over 1,800 jobs
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