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UK pledges nearly £130M for zero-emission vehicle tech; auto stocks in focus (EWU:NYSEARCA)

Aug 10, 2026, 1:12 AM ETiShares MSCI United Kingdom ETF (EWU), FKU, FLGB, EWUSF, TM, HMC, BYDDY, NSANY, MBGAF, RACE, VWAGY, STLABy: Arundhati Sarkar, SA News Editor
heavy traffic jam next to bus lane in england uk

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  • The British government on Monday announced nearly £130M ($175M) in combined funding for zero-emission vehicle technologies, with almost £65M from public funds and the remaining backing provided by the industry.
  • Nearly £50M in government funding was awarded to auto ⁠firms and research
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