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Written question asked by Wera Hobhouse (Liberal Democrat) on Wednesday, 13 September 2023, in the House of Commons. It was due for an answer on Monday, 18 September 2023. It was answered by Nusrat Ghani (Conservative) on Friday, 22 September 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 funding from the Automotive Transformation Fund she plans to allocate to (a) existing legacy car and van manufacturers and (b) new entrants to the market.

Answer

The Automotive Transformation Fund offers funding for capital and associated industrial research projects that support the industrialisation of a high value, electrified automotive supply at scale in the UK. We continue to work with industry to unlock private investment in our EV supply chain via the ATF. This includes unlocking strategic investments in gigafactories, motors and drives, power electronics, and fuel cell systems.


Secondary information

Type
Written question
Reference
199466
Session
2022-23
Subjects
Automotive Transformation Fund
Contains statistics
Yes
Link
View this Written question on www.parliament.uk