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06 Nov 20201 minute read

£49mn for green transport

ECAtoday
£49mn for green transport

The Government has announced £49 million of new funding for green transport projects to create jobs, save millions of tonnes of CO₂ and lead the charge towards a low-carbon automotive future.

A £10m tranche of the funding will be used to develop state-of-the-art motors and high-performing batteries for electric vehicles. Meanwhile, £29m will be used to develop infrastructure to collect and recycle electric vehicles and their batteries. The remaining £10m will be used implement automation technologies to quickly charge electric vehicle batteries on the production line.

Business Minister 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.”

ECAtoday

ECAtoday