Automotive Transformation Fund
The ATF is a funding programme created to support large-scale industrialisation of an electrified supply chain.
Powered by a collaboration between the Advanced Propulsion Centre, the Department for Business Energy and Industrial Strategy (BEIS), the Department for International Trade (DIT) and Innovate UK, the programme will support strategically important capital and R&D investments in the UK and will begin by focusing on companies involved in:
• Batteries including cells (’gigafactories’)
• Electric machines and drives
• Power electronics
• Fuel cells
• Upstream supply chain for any of the above
Targeted towards large scale projects, the fund helps businesses to develop future technologies and supports industrialisation investments that fill key elements of strategic electrified supply chains, to help accelerate the transition to electrification for a net-zero automotive industry in the UK and beyond.
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