Beirut: Britain has unveiled a significant investment of nearly £130 million ($175 million) aimed at accelerating the development of zero-emission vehicle technologies. This initiative combines approximately £65 million ($88 million) in government funding with equivalent contributions from industry stakeholders.

According to Anadolu Agency, nearly £50 million ($67.4 million) of the government funding will be allocated to automakers and research partners focused on the development and scaling of zero-emission technologies. This funding is expected to drive innovation and support the transition towards sustainable transportation.

An additional £17 million ($23 million) is earmarked for nine projects related to connected and automated mobility. These projects will explore advancements in technologies such as sensors, brake-by-wire systems, and artificial intelligence (AI) simulation, aiming to enhance the safety and efficiency of future vehicles.

Industry Minister Blair McDougall emphasized the historical significance of Britain's automotive sector in a statement. He highlighted the government's commitment to ensuring that the next generation of vehicles is designed and manufactured domestically, thereby reinforcing Britain's leadership in the automotive industry.

In line with its environmental goals, Britain has set a target to end the sale of new petrol or diesel-powered cars by 2030. By 2035, all new vehicles sold in the country are required to be zero-emission, underscoring the nation's commitment to reducing its carbon footprint and promoting sustainable mobility.