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The Q2 2026 Automotive Quarterly Demand Report reports that while global vehicle production remains broadly stable, the market is becoming more competitive.

The grant will go towards the production of an initial 1,500 tonnes per annum of technical grade lithium carbonate from 2029 at its facility in Redruth, Cornwall, creating 49 direct local jobs and supporting 83 indirect jobs in the wider supply chain.

The grant will go towards ‘Phase 1’ of Tees Valley Lithium’s merchant lithium refinery at the Billingham Chemical Complex, in Teesside.

Ian Constance, CEO of APC UK and Zenzic, offers valuable insights into how SDVs are accelerating the transition to net zero, enabling connected and automated mobility, and creating significant opportunities for UK innovation.

The global automotive industry is entering a new phase, one in which competitiveness will increasingly depend not on individual technologies, but on how effectively electrification, software, artificial intelligence (AI), advanced manufacturing and resilient supply chains can be brought together. 

The funding will support the development and commercialisation of next-generation automotive technologies while strengthening UK manufacturing, innovation and supply chains.

Real-world demonstrations are where innovation proves its value. These projects will generate the evidence and confidence needed to accelerate commercial adoption, helping promising technologies move from prototype to production

Collaboration is at the heart of automotive innovation. These projects bring together businesses, researchers and the wider supply chain to solve shared challenges and accelerate the development of technologies that will shape the future of zero-emission mobility.

Supporting ambitious SMEs is essential to building the UK's future automotive sector. Mobilise gives innovators the opportunity to validate breakthrough ideas, attract investment and lay the foundations for technologies that could become tomorrow's product and manufacturing success stories

The Scale-up Fund helps businesses bridge the gap between innovation and industrial deployment, ensuring promising technologies can be manufactured in the UK while strengthening supply chains and attracting private investment.