<p>Working through Innovate UK, the Office for Low Emission Vehicles has invested £74m over the last five years in the development of new technologies to significantly reduce carbon emissions from road vehicles. This funding has been at least match-funded by industry, growing the UK automotive sector and accelerating the introduction of ultra low emission technology to the vehicle market.</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p><strong>2012-13</strong></p></td><td><p><strong>2013-14</strong></p></td><td><p><strong>2014-15</strong></p></td><td><p><strong>2015-16</strong></p></td><td><p><strong>2016-17</strong></p></td></tr><tr><td><p>Spend by OLEV (£m)</p></td><td><p><strong>10</strong></p></td><td><p><strong>11</strong></p></td><td><p><strong>16</strong></p></td><td><p><strong>12</strong></p></td><td><p><strong>25</strong></p></td></tr></tbody></table>