Astemo investment: the UK is a leader in automotive innovation

13 July 2025

The government has sent a message to the world today- the UK is a leader in automotive innovation

Today, 13 July 2025, UK Government has reaffirmed its position as a global leader in automotive innovation by announcing funding support for Astemo Ltd. to produce next-generation electric inverters. This investment is part of a broader automotive investment package aimed at decarbonising the UK and securing the future of its automotive industry on the path to achieving net zero by 2050.

This investment is facilitated through the Department for Business and Trade’s Automotive Transformation Fund (ATF), which is delivered by the APC, and will enable the UK to sustain and grow long-term automotive capability and investment, building a strong economy through the delivery of safer, smarter, more sustainable, and affordable mobility.

By enabling Astemo Ltd. to produce these essential components domestically, the funding will help maintain the UK’s competitiveness in an increasingly competitive global market. The investment is anticipated to directly support over 200 jobs, while also contributing to the growth of many more highly skilled positions in the region and indirectly facilitating hundreds more in the broader supply chain.

Julian Hetherington, Automotive Transformation Director at the APC said:

“This substantial investment by Astemo into its well-established Bolton site is a fantastic vote of confidence in the UK’s capability and competitiveness in this high value manufacturing area. I’m delighted that the ATF was able to support this pivotal investment. Inverter systems are high value and high-tech parts of zero emission vehicles, and vital in delivering energy-efficient vehicles.

“It has been a pleasure working with the Astemo team and the Department for Business and Trade (DBT) on this exciting UK investment, that will establish capability in a critical part of the UK’s automotive supply chain.

“Anchoring this strategic investment in the UK is central to the objectives of the Automotive Transformation Fund and represents a key milestone in support of the UK’s Industrial Strategy.”

The ATF capital programme has attracted significant investments from major companies, such as Ford, Johnson Matthey, Nissan, and Tata, as part of our developing electric vehicle supply chain.