Finance and funding

£200 million Government boost for rollout of zero-emission HGVs

The Government has announced funding of more than £200 million for a zero-emission road freight demonstrator programme.

Transport for West Midlands opens public consultation on new strategy

Transport for West Midlands (TfWM) is asking the public to have their say on its new strategy to decarbonise the region’s transport system and improve services.

ORR increasing scrutiny of future road funding

The ORR is increasing its scrutiny of future road funding for the strategic road network as plans are drawn up for the third road investment strategy (RIS3).

Decarbonisation primary driver of transport investment and strategy, according to new study

Decarbonisation is a primary driver of the transport industry’s investment strategy, according to research published by global law firm DLA Piper.

Green Finance Institute sets out plan to unlock £150bn EV investment

The Green Finance Institute has put forward 18 solutions to help unlock the £150bn of investment needed to help fund the transition to zero emission vehicles.

£1 million DfT-funded on-demand bus service launches in Hertfordshire

On-demand bus service HertsLynx has been launched in Hertfordshire, with £1 million Department for Transport (DfT) funding to help meet rural transport needs.

John Flint, CEO of UK Infrastructure Bank

John Flint appointed CEO of UK Infrastructure Bank

Former CEO of HSBC John Flint has been appointed as the UK Infrastructure Bank’s (UKIB) first permanent chief executive.

New Government-backed app shows savings from switching to electric

Free app, EV8 Switch, calculates how much drivers could save by switching to an electric vehicle (EV) compared to their current petrol or diesel vehicle.

£78m investment to electrify rail infrastructure in the north

The Government have approved £78m investment to electrify rail infrastructure in the north.

Highways England rebranded National Highways

Highways England will change its name to National Highways, with Nick Harris confirmed as the new chief executive.

£91.7m funding to decarbonise transport and tackle EV range

Four projects aiming to find solutions to decarbonise commercial transport and tackle EV range anxiety have received a share of £91.7 million funding.

Councils receive funding to improve local roads

Councils are to benefit from a multi-million-pound initiative to improve traffic light systems to cut congestion and emissions.

Heavy transport targeted in hydrogen strategy

The Government expects hydrogen fuel to play an important role in the decarbonisation of heavy transport by 2030, as outlined in its hydrogen strategy.

DfT publishes guidance on city region transport funding

The DfT has published guidance aimed at mayoral combined authorities developing proposals for city region sustainable transport settlements.

VIDEO: Virtual Smart Transport Conference June 2021 presentations

Watch 30 videos from leaders in the transport sector, recorded at our June 2021 virtual conference

New £400,000 e-cargo bike fund launched

The Department for Transport (DfT) and Energy Saving Trust have launched a new £400,000 funding round to help small businesses invest in electric cargo bikes.

TfWM publishes green paper ahead of new local transport plan

Transport for West Midlands (TfWM) has published a green paper to drive engagement on what its new local transport plan (LTP) should look like.

Funding awarded for innovative MaaS pilots

Two major mobility as a service (MaaS) pilots have secured just under £1 million from the Scottish Government to improve access to transport across Scotland.

Government announces £20m for zero-emission road freight projects

The Government has announced a £20 million fund for zero-emission road freight projects, including feasibility studies into electric road systems and hydrogen fuel cell trucks.

Transport decarbonisation plan: industry reaction

Transport industry welcomes Government plan to decarbonise all transport modes by 2050 but highlights noticeable absences.