Written Question·Department for Business and Trade·UIN 19243

Motor Vehicles: Manufacturing Industries

Tabled: 11 December 2024
Answered: 19 December 2024
Named Day

Question

Liam Byrne

LabourBirmingham Hodge Hill and Solihull North

To ask the Secretary of State for Business and Trade, how much private investment he expects from the additional funding allocated to the automotive sector in the next five years.

Answer

Sarah Jones
The Budget committed over £2bn to 2030 for zero-emission vehicle manufacturing and their supply chains. This funding will build on previous ATF and APC programmes which have leveraged over £6bn of investment from the private sector so far. We will continu...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 19243) →