The UK launches a £40 billion investment plan for Advanced Manufacturing, promoting industries such as automotive, hydrogen energy, and aerospace.

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2023.11.27 02:59
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The UK government officially released the "Advanced Manufacturing Plan" on the 26th, which supports strategic manufacturing industries including automobiles, hydrogen energy, and aerospace through measures such as increasing investment and promoting international cooperation, in order to stimulate the domestic job market. The specific investment scale will exceed 40 billion yuan, and the UK government will allocate approximately 3 billion pounds specifically for the automotive manufacturing and aerospace industries, aiming to promote the development of cutting-edge technologies in these fields and transition towards net-zero emissions. According to the disclosed documents, this plan will provide over 2 billion pounds of funding for the automotive industry (including battery manufacturing) and 900 million pounds for the aerospace industry.