UK announces nearly £130 million for zero-emission vehicle technologies
The British government and industry will provide nearly £130 million to develop zero-emission vehicle and automated mobility technologies.
London, United Kingdom. The British government announced nearly £130 million ($175 million) in funding for zero-emission vehicle technologies on Monday, including almost £65 million in public funding and the remainder from industry.
Technology funding
Nearly £50 million in government funding has been awarded to automotive companies and research partners to develop and scale zero-emission vehicle technologies.
A further £17 million will support nine connected and automated mobility projects involving technologies including sensors, brake-by-wire systems and AI simulation.
Vehicle targets
“Britain invented the modern motor industry and we’re determined to ensure the next generation of vehicles are designed and built here too,” Industry Minister Blair McDougall said in a statement.
Britain plans to end sales of new cars powered solely by petrol or diesel from 2030. All new cars will be required to be zero-emission by 2035.
This news item was generated automatically by Cyprus Inform from publicly available materials. Report an error →
