(6 years, 9 months ago)
Commons ChamberOur industrial strategy capitalises on our strengths as we build the next generation of motor vehicles. In July, we committed £246 million to the Faraday Battery Challenge to make Britain a centre for the development of battery storage. I have also announced £51 million to fund automated vehicle testbeds across the country. I am delighted to say that in October Ford opened its new European Mobility headquarters in Britain.
Silverstone Technology Cluster supports many thousands of jobs in and around Northamptonshire, including in companies such as Cosworth in my constituency of Northampton South. What steps are the Government taking to support the Silverstone cluster?
My hon. Friend is absolutely right that the choice that some of the world’s best motor manufacturers make to locate in the cluster reinforces our reputation. Last year, we launched the Aylesbury Vale enterprise zone, which supports the Silverstone high-performance technology cluster. It provides an environment that is helping to deliver new jobs in this sector. The local growth fund for his area includes an innovation centre, which is geared to automotive technology in the enterprise zone.