Office for which the accounting officer who produced the evaluation is responsible:
Section for Organization, Electricity and Industrial Approach
Challenge title:
Automotive Transformation Fund Programme
Major scheme task stage:
Whole Organization Case approved by BEIS Portfolio and Financial investment Committee in March 2020 and by HMT in November 2020.
Introduction
It is ordinary practice for Accounting Officers to scrutinise significant policy proposals or plans to start or differ main assignments, and then evaluate whether they measure up to the expectations set out in Taking care of Community Dollars. From April 2017, the Governing administration has dedicated to make a summary of the important points from these assessments readily available to Parliament when an Accounting Officer has agreed an evaluation of initiatives inside the Government’s Main Initiatives Portfolio.
This Accounting Officer Assessment was manufactured of the Automotive Transformation Fund programme, subsequent its Whole Business Case. I have created the assessment as the Accounting Officer for the Division for Business enterprise, Energy and Industrial System (BEIS).
History and context
The changeover to electrical vehicles (EVs) proceeds to assemble rate. There is a growing demand for EV factors and though the British isles stays an desirable financial investment locale,