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Written question asked by Jonathan Reynolds (Labour) on Tuesday, 16 May 2023, in the House of Commons. It was due for an answer on Monday, 22 May 2023 (named day). It was answered by Nusrat Ghani (Conservative) on Wednesday, 24 May 2023 on behalf of the Department for Business and Trade.


Automotive Transformation Fund

Question

To ask the Secretary of State for Business and Trade, how much of the automotive transformation fund has been distributed to businesses.

Answer

As of May 2023, the total value of offers made under the Automotive Transformation Fund (ATF) is £278.5 million. In addition, we are in active discussions with investors on a wide range of exciting new projects for the UK's electric vehicle supply chain.


Secondary information

Type
Written question
Reference
185242
Session
2022-23
Subjects
Business Automotive Transformation Fund
Contains statistics
Yes
Link
View this Written question on www.parliament.uk