U.K. Supercharges EV and Battery Sector with $2.5 Billion Fund

GALWAY, IRELAND--December 6, 2023--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K. has announced more than £2 billion (US$2.5 billion) in funding to support its struggling automotive sector by jump-starting an electric vehicle (EV) manufacturing base and associated battery industry.

Within this article: Details U.K. funding for EV and battery sector, leading projects, reaction, plans