The 'Driving Success' strategy was launched today by business secretary Vince Cable and Professor Richard Parry-Jones, co-chairs of the Automotive Council, at the Goodwood Festival of Speed.
The long-term strategy focuses on four key areas – technology and innovation; supply chain; skills and business environment. A combined £1bn package will be invested in the automotive industry, with £500m from government and the other half from industry. New centre The funding is to be invested in the Advanced Propulsion Centre (APC) to research,…
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