Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how much private investment he expects from the additional funding allocated to the automotive sector in the next five years.

The Budget committed over £2bn to 2030 for zero-emission vehicle manufacturing and their supply chains. This funding will build on previous ATF and APC programmes which have leveraged over £6bn of investment from the private sector so far. We will continue with this success, unlocking billions more in private investment to support our automotive industry. Further details will be announced as part of the industrial strategy.