The automotive business goes via a once-in-a-century transformation, as new technologies, gamers and enterprise models all converge to challenge the established order. The Automotive Transformation Fund is a funding programme created to support large-scale industrialisation. Up to £1 billion of funding might be invested in creating a high-value end-to-end electrified automotive supply chain in the UK. The fund is highlighted as an necessary mechanism to reach targets in the UK Government’s 10-point plan for a green industrial revolution and its current Transport Decarbonisation Plan. EFI Automotive proclaims the acquisition of Akeoplus, an engineering firm specializing in services and solutions industrial gamers. This operation allows to construct a unique supply to reply to the innovation challenges of the sector and speed up its diversification past automotive.
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