Since 2013, this Government has invested £154.6 million pounds in future car technologies. This is on top of £127 million invested in automotive sector research by the Engineering and Physical Sciences Research Council in the same time period.
At the last Spending Review the Chancellor, George Osborne, confirmed funding for the Advanced Propulsion Centre out to 2023, and announced additional support for automotive research and development of £225 million from 2023 to 2026.
These investments help to make sure that British vehicle manufacturing remains at the cutting edge of the industry, ensuring long-term prosperity for manufacturing and exporting towns like Solihull.