Investment grows in green manufacturing and technology

The Government has announced £73m in new funding for the development of clean transport technologies, supporting projects across the UK. The ambition is to create an end-to-end supply chain for zero-emissions vehicles.

The funding has been awarded through the Advanced Propulsion Centre (APC) Collaborative Research and Development programme, with £36.4m from the Government and £36.6m from the automobile industry.

The five projects awarded this funding will support 3,300 jobs and Business Secretary Grant Shapps said: “Our automotive industry is a world leader, creating jobs whether in Essex, Somerset or Glasgow. Seizing the potential from new technologies will be a key part of its future success, while also making our roads cleaner, greener and more affordable.”

This news comes the day after Ford confirmed that it would invest £125m in manufacturing electric vehicles at its factory in Halewood, a major boost for manufacturing in the North West as well as a further commitment to develop green technology.

The GC Business Growth Hub's #HereForBusiness support package provides practical help and guidance and expert advice on a range of topics to help businesses manage the increasing cost of doing business. To find out more and access help and support get in touch now.