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<p>The Government remains committed to Levelling Up and is actively engaging with
companies to secure investments that will ensure the UK remains a world leader in
automotive manufacturing.</p><p> </p><p>We continue to work through the Automotive
Transition Fund (ATF) to progress plans to build a globally competitive electric vehicle
supply chain in the UK, which includes unlocking private investment in gigafactories,
battery material supply chains, motors, power electronics, and fuel cell systems.</p><p>
</p><p>We have invested record sums in battery R&D – last October we announced
a record £211 million uplift for the Faraday Battery Challenge, which brought the
overall budget of this ambitious programme to £541 million. We recently awarded £27.6
million from this funding to 17 UK projects to support innovation in EV battery technology.</p>
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