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The UK Government’s 2025 Spending Review signals a boost for the automotive sector with a commitment of £2.6 billion to decarbonise transport between 2026–2030.
This includes £1.4 billion to support the continued uptake of electric vehicles (including vans and HGVs), and £400 million to expand the UK’s charging infrastructure, building on the nearly 80,000 public charging points already in place. It is, however, disappointing that there was no clarity on how this would be deployed and incentives are still needed to support the EV retail market.
The investment into funding of apprenticeships and training is also welcome in a sector traditionally hampered by skills shortage.
The sector will also be enhanced by £24 billion of capital funding for transport infrastructure which will significantly improve the road network and make journeys more reliable.
Focus will now turn to the launch of the Industrial Strategy in the next few weeks for further clarity on how the automotive sector will be supported.
Our automotive experts recently attended Automechanika, one of the largest automotive aftermarket trade shows globally, to discuss long-term growth and sustainability across the UK’s transport and manufacturing landscape. Take a look at the key takeaways from this year’s event.
About the author(s)
Sarah Riding is an experienced commercial contract specialist advising on a wide range of commercial arrangements. Her wealth of experience includes supply of goods and services, manufacturing arrangements, supply chain management, logistics, routes to market, franchising, technology contracts and outsourcing. Sarah acts for clients both nationally and internationally and has worked on many cross-border arrangements.
Sarah Riding
Sarah Riding is an experienced commercial contract specialist advising on a wide range of commercial arrangements. Her wealth of experience includes supply of goods and services, manufacturing arrangements, supply chain management, logistics, routes to market, franchising, technology contracts and outsourcing. Sarah acts for clients both nationally and internationally and has worked on many cross-border arrangements.