INTIEAUnited Kingdom · UK Plan for Jobs 2020 - Automotive Transformation FundPolicyIn force

UK Plan for Jobs 2020 - Automotive Transformation Fund

Building on the announcement last year of up to GBP 1 billion of additional funding to develop the next generation of cutting-edge automotive technologies, the government is making GBP 10 million of funding available immediately for the first wave of innovative R&D projects.…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 2020
Last changeJun 03, 2025

Country / jurisdiction: United Kingdom · Year: 2020 · Status: In force · Level: National · Type: Voluntary

Building on the announcement last year of up to GBP 1 billion of additional funding to develop the next generation of cutting-edge automotive technologies, the government is making GBP 10 million of funding available immediately for the first wave of innovative R&D projects. This will scale up manufacturing of the latest technology in batteries, motors, electronics and fuel cells.

The government is also calling upon the automotive industry to put forward investment proposals for the UK’s first ‘gigafactory’, and supporting supply chains to mass manufacture cutting-edge batteries for the next generation of EVs, as well as for other strategic EV technologies.

The Net Zero Strategy allocates an extra £350 million for the electrification of UK vehicles and their supply chains.

Official source: https://www.gov.uk/government/publications/a-plan-for-jobs-documents/a-plan-for-jobs-2020

Source

https://www.iea.org/policies/11715

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-44708NewsIn force

Solar Is the Cheapest Power in History, But States Are Retreating From It

A high-stakes push-and-pull is taking place in the United States clean energy sector as state-level laws, federal-level policy, and that infamous invisible hand all tug in different directions. A staggering amount of different legal actions on the part of the Trump administration, the judicial system, and state politicians have created an incredibly complex landscape for clean energy adoption across the country. And while the economics of renewables are looking better than ever, the political positioning of the clean energy transition is looking…

INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_rises_as_iran_talks_are_delayed-19-jun-2026-183960-article/?rss=trueNewsIn force

Oil Rises as Iran Talks Are Delayed

Oil prices rose as delayed US-Iran negotiations and slower tanker traffic through Hormuz renewed supply concerns.

INTEnergy Newsoilprice:oilprice-article-44706NewsIn force

Why Lunar Helium-3 Mining Still Can't Compete With Earth

When it comes to Helium-3, the biggest cost divide is between Earth and the Moon. Potential sources range from tritium decay and terrestrial helium wells on Earth to lunar regolith on the Moon. Today, Earth-based sources remain far easier and cheaper to access. This graphic, created by Visual Capitalist's Cody Good in partnership with Pulsar Helium, compares major potential sources of Helium-3 by cost, scalability, and accessibility. It’s part three of four in the Helium 3: From Theory to Opportunity series, delivering key He-3 insights for…

INTEnergy Newsoilprice:oilprice-article-44704NewsIn force

The Real Reason BP Is Retreating From the North Sea

BP is still considering a sale of all or part of its UK upstream portfolio, which could fetch around £2 billion ($2.7 billion), though talks of a sale to Ithaca Energy fell through earlier this month, according to reports by Bloomberg and the Financial Times. We think the information is credible. A sale would fit the group’s strategic direction, and the company is an outlier in the UK, where other majors have either sold down or formed joint ventures. At the same time, BP has been pushing aggressively on the exploration front since…

INTEnergy Newsoilprice:oilprice-news-44708NewsIn force

Israel and Hezbollah Truce Gives Oil Markets a Reason to Pause

The Middle East's latest peace deal just got a peace deal of its own. Israel and Hezbollah agreed Friday to halt fighting in southern Lebanon after days of escalating clashes threatened to derail the fragile US-Iran peace process, reducing the risk that the first major test of the U.S.-Iran agreement would turn into its first major failure. Negotiations between Washington and Tehran are supposed to begin under a 60-day framework agreement designed to end the war, reopen the Strait of Hormuz, and eventually restore millions of barrels per day of…