Bentley, Nissan and more will receive investment as industry transitions towards electric and connected cars The UK government has announced a £130 million investment in the nation’s automotive industry, in a bid to speed up its transition to building electric vehicles. Half the investment has been provided by the public purse, and it will be matched by the industry. Among the biggest names to receive investment are Bentley, Nissan and electric motor manufacturer Yasa, but a number of smaller companies and start-ups will also receive funding. This will support more than 1800 jobs, the government said, and demonstrates new prime minister Andy Burnham’s desire to reindustrialise the nation – of which the…
UK government announces £130m investment in automotive tech
