Motor Vehicles: Manufacturing Industries

(asked on 24th November 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps he has taken to support the automotive sector.


Answered by
Nadhim Zahawi Portrait
Nadhim Zahawi
This question was answered on 2nd December 2020

The Government is determined to ensure that the UK continues to be one of the most competitive locations in the world for the automotive sector.

We have provided comprehensive support during the pandemic, including the Coronavirus Job Retention Scheme, the trade credit insurance guarantee, and tax deferrals. In total, we have provided almost £2.5 billion in COVID Corporate Financing Facility support to the automotive sector.

The Government has invested around £1.5 billon to support the research, development, and manufacture of zero and low-emission vehicles to date. This investment has created thousands of jobs in the sector and its supply chain, saved millions of tonnes of CO2, and has helped the UK to lead the charge towards a low carbon automotive future.

My Rt. Hon. Friend the Prime Minister recently announced in his 10 Point Plan nearly £500 million through the Automotive Transformation Fund over the next four years in order to develop and embed the next generation of cutting-edge automotive technologies in the UK.

We are also investing around £2.5 billion? to support the roll-out of ultra-low and zero emission vehicles through grants for plug-in cars, vans, HGVs, taxis, and motorcycles. In addition, we are investing in schemes to support the delivery of chargepoint infrastructure to homes, workplaces, on residential streets, and across the wider roads network.

Reticulating Splines