- UK zero-emission vehicle investment supports automotive jobs.
- DRIVE35 funding accelerates electrification and domestic manufacturing.
UK Government Announces Nearly GBP 130 Million Automotive Investment
On August 10, the UK zero-emission vehicle investment was announced at nearly GBP 130 million to support zero-emission vehicle technology, skilled jobs, and growth across the United Kingdom's automotive sector. The funding, delivered through the Modern Industrial Strategy, is expected to support more than 1,800 jobs, along with thousands of additional roles across the supply chain. Nearly GBP 50 million will go to automotive companies and research partners to develop and produce new zero-emission vehicle technologies at scale, helping reduce EV costs. The investment forms part of the DRIVE35 program, which provides GBP 4 billion through 2035 to accelerate automotive electrification and support domestic manufacturing.
Funding Targets Automotive Regions and Connected Mobility
The investment will support key automotive regions, including the North East and West Midlands, and companies such as Turntide Technologies and Bentley. It builds on GBP 100 million already provided to supply chain businesses in these regions. The government is also investing GBP 17 million in nine new Connected and Automated Mobility (CAM) projects. The sector is expected to create tens of thousands of jobs and contribute around GBP 66 billion to the UK economy by 2040. The broader funding package is intended to strengthen the country's automotive capabilities while supporting electrification, technology development, and future mobility applications.
Frequently Asked Questions
How much is the United Kingdom investing in zero-emission vehicle technology?
The United Kingdom announced nearly GBP 130 million in investment to support zero-emission vehicle technology, skilled jobs, and automotive sector growth. Nearly GBP 50 million will support automotive companies and research partners developing and producing new zero-emission vehicle technologies at scale. The wider investment is part of the DRIVE35 program, which provides GBP 4 billion through 2035 to accelerate automotive electrification and support domestic manufacturing. The government expects the funding to support more than 1,800 jobs and thousands of additional supply chain roles.
What is the DRIVE35 program?
DRIVE35 is a United Kingdom automotive investment program providing GBP 4 billion through 2035 to accelerate automotive electrification and support domestic manufacturing. The program forms part of the country's wider strategy for strengthening zero-emission vehicle technology and automotive production. The latest funding package includes support for automotive companies and research partners developing technologies at scale, with the aim of helping reduce EV costs. Funding also targets key automotive regions and builds on previous support provided to supply chain businesses.
How much is being invested in Connected and Automated Mobility projects?
The government is investing GBP 17 million in nine new Connected and Automated Mobility projects. These projects form part of the broader effort to develop future mobility technologies and strengthen the automotive sector. The Connected and Automated Mobility sector is expected to create tens of thousands of jobs and contribute around GBP 66 billion to the United Kingdom economy by 2040. The investment complements wider support for zero-emission vehicle technology, domestic manufacturing, skilled employment, and automotive innovation.
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