Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the Motability Scheme on supporting the British automotive industry.
Motability has stated that its aim is for 50% of all scheme vehicles leased from 2035 to be manufactured in the UK. We are committed to the growth of the automotive sector in the UK through investment in innovation, research & development and skills. Our flagship DRIVE35 (Driving Research and Investment in Vehicle Electrification) initiative will support the latest R&D in strategic vehicle technologies, accelerate their commercial scale-up, and unlock investment in their industrialisation. As part of this ambitious programme, we are committing £4 billion of capital and R&D funding to the British automotive industry through to 2035.