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UK Allots £89 Million to Propel Net Zero Tech Advancements

Short by News Room / 12:16 AM on 10 October, 2023

The UK has secured £89 million in funding for 20 pioneering net zero technology projects, such as hydrogen-powered offroad vehicles and electric vehicle battery systems. This investment is part of a broader governmental initiative, the Automotive Transformation Fund, which aims to create a high-value, end-to-end electrified automotive supply chain in the UK. Additionally, £1.1 million in grant funding has been awarded to four projects through the Niche Vehicle Network Production Readiness Competition, including a zero-emission Ariel Nomad and a UK-made electric scooter. This move reinforces the UK's commitment to leading the charge in zero-emission vehicle technology and sets a precedent for sustainable practices.

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