BIZTECH
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UK announces $175M funding boost for zero-emission vehicle technology
Government support and industry investment will fund clean vehicle technologies, automated mobility projects and artificial intelligence simulations.
UK announces $175M funding boost for zero-emission vehicle technology
(FILE) Britain plans to end sales of new cars powered solely by petrol or diesel in 2030. / Reuters

Britain has announced nearly £130 million ($175 million) in funding to accelerate the development of zero-emission vehicle technologies, combining government support with industry investment.

Nearly £50 million ($67.4 million) in government funding will go to automakers and research partners to develop and scale zero-emission technologies.

A further £17 million ($23 million) will support nine connected and automated mobility projects involving technologies including sensors, brake-by-wire systems and artificial intelligence simulations.

"Britain invented the modern motor industry, and we're determined to ensure the next generation of vehicles are designed and built here too," Industry Minister Blair McDougall said in a statement.

Britain plans to end sales of new cars powered solely by petrol or diesel in 2030, with all new cars required to be zero-emission by 2035.

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SOURCE:Anadolu Agency