The Automotive Transformation Scheme (ATS) starts in 2011 and will assist investment in automotive research and development aimed at increasing competitiveness and productivity – particularly in the supply chain.
- Who for? Automotive companies registered as a MVP, ACP, AMTP or ASP.
- What for? To encourage innovation and investment in the environmentally friendly car sector.
- How much? Overall capped assistance to $1.5 billion 2011-2015, $1.0 billion 2016-2020 and uncapped assistance of approximately $847 million.
- When does it close? Ongoing until 2020.