UK to plough GBP106m into green technologies

By Simon Warburton | 12 September 2018

British Prime Minister, Theresa May has unveiled a GBP106m (US$138m) package for projects developing green battery, vehicle and refuelling technologies at the UK's first Zero Emission Vehicle (ZEV) Summit.

The Prime Minister hosted an automotive round-table with supply-chain companies from Germany, the US, Japan, China, Spain and India, to explore what more the government and industry can do together to accelerate the development of the zero-emissions market and to highlight the UK's offer.

This is the third in the government's series of investment round-tables which promote UK industry sector opportunities to a global audience, and drive foreign direct-investment into the UK.

The government will also unveil a new, international declaration, which will highlight the worldwide deployment of green vehicles and the introduction of zero-emission infrastructure.

The first signatories to the 'Birmingham Declaration' include Italy, France, Denmark, the United Arab Emirates, Portugal, Belarus and Indonesia, with more nations currently in talks to sign up. This will form the basis of increasing international engagement at climate conferences throughout the year to accelerate the global transition.

In comments released by the UK government, Theresa May was expected to say: "I want to see Britain, once again, leading from the front and working with industries and countries around the world to spearhead change.

"That is why I have set this country an ambitious mission. To put the UK at the forefront of the design and manufacturing of zero-emission vehicles and for all new cars and vans to be, effectively, zero-emission by 2040.

"Already, we are taking significant strides forward. Our electric UK-manufactured cars account for one-in-five sold in Europe."