BMW, Ford Win U.K. Funds for Driverless, Low-Carbon Vehicles
- Government cash to protect jobs, boost innovation, Clark says
- Business secretary says aim to keep auto industry competetive
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BMW AG, Ford Motor Co. and Jaguar Land Rover are among the winners of 110 million pounds ($136 million) from the U.K. for the development of low-carbon vehicles and driverless cars.
The funding for a total of 38 projects, including 62 million pounds for low-emission cars and 31 million pounds for autonomous vehicles, will help protect almost 2,400 jobs, the Department for Business, Energy and Industrial Strategy said Tuesday.