Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions she has had with the Welsh Government on enabling (a) hauliers and (b) coach operators in Wales to access the National Wealth Fund for investment in zero-emission vehicles and refuelling infrastructure.

The National Wealth Fund is committed to ensuring the benefits of its investments are felt in all four nations of the UK. It is actively engaging with stakeholders in Wales, including with the Welsh Government and Wales Office, to identify opportunities for investment.

As set out in the Chancellor’s Statement of Strategic Priorities to the National Wealth Fund in March 2025, clean energy and transport are priority sectors, this includes supporting the transition to zero-emission vehicles and associated refuelling infrastructure.

The National Wealth Fund will continue to explore investible propositions that satisfy its investment principles.