Automotive Transformation Fund: Electric Vehicles

(asked on 17th May 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential impact of the Automotive Transformation Fund on the competitiveness of electric vehicle manufacturing.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
Minister of State (Minister for Europe)
This question was answered on 24th May 2023

The impact of the Automotive Transformation Fund (ATF) will be assessed at intervals over the next five years, with baselining work already underway.

Funding from the ATF has already helped secure key investments including £380m in the production of electric drive units at Ford Halewood, a £60 million investment by Johnson Matthey in Hertfordshire to develop hydrogen technologies, and the £1bn electric vehicle hub in Sunderland in partnership between Nissan and Envision AESC.

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