Very productive meeting just now with 20 of UK's major auto companies on their priorities following our trade deal with the EU🚗🇬🇧

Take a look at what we're doing to drive the electrification of the sector, protect jobs + create thousands more 👇🏾
1⃣ £500m through the Automotive Transformation Fund to develop Gigafactories + EV supply chain

2⃣ £1bn with industry through @theapcuk to research, develop and commercialise next gen tech

3⃣ £318m with industry to develop battery technologies + funding @UK_BIC in #Coventry
4⃣ £1.3bn to accelerate the roll out of charging infrastructure

5⃣ £582m to extend the plug-in car, van, taxi and motorcycle grants to reduce the price for consumers

6⃣ £20m to support industry to develop cost-effective, zero-emission HGVs

Lots done, lots more to do!
You can follow @KwasiKwarteng.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.