Government gives green light to eco-friendly projects with £49m funding
The government has announced that it is providing £49m in funding for green automotive projects.
It said today that the new scheme could create thousands of jobs, as well as reducing the country’s carbon footprint.
Concepts receiving funding will include zero-emissions buses, electric motorcycles, and a battery manufacturing facility, with the investment also strengthening electric vehicle supply chains.
Minister for Business and Industry Nadhim Zahawi said: “The UK is leading the global battle against climate change, and by developing cleaner vehicles, our automotive industry will help make our net zero ambitions a reality.
“Backed by government funding, these trailblazing projects will help Britain to build back better by creating all-important green jobs, ensuring the sector can make further strides towards an electrified automotive future and helping to address one of the biggest challenges of our time: making transport greener.”
Transport Minister Rachel Maclean said: “Today’s £49m investment in projects from retro electric motorcycles to high-power batteries, will boost our transition to zero-emission vehicles, helping us meet our greenhouse gas reduction goals and driving growth by increasing skilled jobs in the UK automotive sector.
“This funding comes hot on the heels of the £2.5bn support we have announced to encourage the take-up of electric vehicles and enhance chargepoint infrastructure across the wider roads network.”
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