UK announces nearly £130 million funding for zero-emission vehicle technology

Electric car revolution boosted by extra funding to protect UK businesses and thousands of jobs

Electric car companies across the UK are set to benefit from new funding to boost the nation's transition to zero emission vehicles.Around £65million in investment will be provided for businesses producing zero emission vehicles as the Government aims to protect thousands of jobs across the sector.The funding will come from the Government's Drive35 programme, with £130million of funding in total. Half will come from the Government, while the oth…

Britain announces nearly $175M for zero-emission vehicle technologies

Government and industry funding will support electric vehicle innovation, automated mobility projects and technologies including sensors and AI simulation

Government to inject millions into electric vehicle firms despite mandate backlash

The government will invest £65m into firms producing zero-emission vehicles, despite backlash from the automotive industry over its controversial electric vehicle mandate. The funding includes £50m for car firms and research partners to help produce electric vehicles at a larger scale. The Department of Business, Innovation, Science and Trade said the funding would support 1,800 jobs. The investment is set to be matched by the automotive industr…

UK announces nearly £130 million funding for zero-emission vehicle technology

The British government announced nearly £130 million ($175 million) in ​funding for zero-emission vehicle technologies ‌on Monday, with almost £65 million in public money and the rest provided ​by the industry.

UK’s EV target under scrutiny, as govt reveals little funding to transform auto industry « Carbon Pulse

The future of the UK government’s plans to roll out electric vehicles continues to hang in the balance, after just £65 million of public funding was awarded Monday to drive the industry towards the 2035 deadline for the transition.