India, July 14 -- The UK Government has announced the launch of DRIVE35, comprising new and improved funding competitions that will support UK businesses. The program will fund a wide spectrum of projects which help the transition to zero-emission vehicle manufacturing. It targets established high-volume manufacturing and multi-billion-pound gigafactories, as well as start-ups, prototypes and cutting-edge automotive innovation.
The new program was announced in the Advanced Manufacturing Sector Plan, part of the UK's modern Industrial Strategy. It will commit 2 billion pounds in funding to 2030 alongside an additional 500 million pound for research and development to 2035, signalling a ten-year commitment to UK automotive innovation.
The c...