Government Gives £109 million Boost to Makers of Driverless and Low-Carbon Vehicles

UK government is putting money into driverless and low-emissions vehicles.

Business Secretary Greg Clark and Transport Minister John Hayes announced on April 11, 2017, a total of £109.7 million in funding to automakers and companies that produce parts for them to support the creation of low-carbon and driverless vehicles.

The funding package comes in three schemes, with £62 million distributed through Advanced Propulsion Centre (APC), £16.7 million through the government’s Office for Low Emissions Vehicles (OLEV), and £31 million distributed to 24 projects through the Centre for Connected and Autonomous Vehicles CAV2 competition which supports the development of connected autonomous vehicles.

Recipients of the APC and OLEV funding include BMW, CNH Industrial, Equipmake, Ford Motor Company, Great British Sports Cars, Jaguar Land Rover, Penso Consulting, Ricardo Innovations, Romax Technology, Westfield Sportscars, Williams Advanced Engineering and Wrightbus.

Of the funding, Business and Energy Secretary Greg Clark said:

Low carbon and driverless cars are the future and as a Government we are determined through the Industrial Strategy to build on our strengths and put the UK at the forefront of this revolution. Investment in this technology is an integral part of this Government’s efforts, to ensure the UK auto sector remains competitive and world-leading.

Rad the full government press release here: Over £109 million of funding for driverless and low carbon projects – GOV.UK