Britain to Unveil £106 Million Package for Low Emission Vehicles

British prime minister will unveil another £106 million package for projects developing innovative green battery, vehicle and refuelling technology at the country’s first ever two-day Zero Emission Vehicle (ZEV) Summit scheduled to be held from September 11, said prime minister’s office in pre-released excerpts of announcements to be made in the event.

PM’s with her ambitious mission aims to put the UK at the forefront of the design and manufacturing of zero-emission vehicles.

Businesses have announced over £500m worth of investment creating over 1,000 jobs across the UK, as PM hosts roundtable on accelerating the development of the zero-emissions market and driving more foreign direct investment into the UK.

As many as 11 countries sign UK’s new international declaration on low emissions, kick starting a new era of global collaboration at the Summit in Birmingham.

World leaders are expected to join industry experts, agencies, academics, and financial institutions at world’s first event at Birmingham’s International Conference Centre on Tuesday (11) followed by UK’s premier Low Carbon Vehicle Show (Cenex-LCV2018) to showcase innovative technology on Wednesday (12).

“Today (September 11) we have provided over £100m of funding for innovators in ultra-low emission vehicles and hydrogen technology. With a further £500m of investment from key industries in this sector,” said prime minister Theresa May said in pre-released excerpts of comments she is set to make.

“These measures will drive the design, use, uptake and infrastructure necessary for cleaner, greener vehicles – and in doing so, it will help us drastically reduce a major contributor to our global warming emissions, as we seek to meet the Paris Climate Change Agreement,” according to British prime minister.