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Description
On 9 May 2025, the UK government allocated GBP 150 million (USD 199 million) in grant funding from the Automotive Transformation Fund to support the development of a new AESC gigafactory in Sunderland...
Intervention Details
Intervention Type
Financial grant
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
09 May 2025
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Sectors
Affected Products
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