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Fresh funding to power the vehicles of the future

11/06/2019

Fresh funding to power the vehicles of the future

Funding announced today will support the development of the latest technology for electric car batteries.

Business Secretary Greg Clark has announced £23 million of funding, allocated through the Faraday Battery Challenge, that will support the innovative work of UK companies.

Winners include:

  • Mining consultancy firm Wardell Armstrong who will work with experts at the Natural History Museum and mining firm Cornish Lithium to lead a new study looking to develop a UK supply of lithium, helping to meet the massive demand expected from the transition to electric vehicles
  • A Jaguar Land Rover-led project to maximise battery performance while maintaining safety
  • A study looking into the use of artificial intelligence in battery manufacture, led by materials technology company Granta Design.

Business and Energy Secretary Greg Clark said: “We are committed to ensuring our world-leading automotive sector can flourish. These exciting new projects will build on the UK’s reputation for excellence, our rich heritage in the auto industry and pave the way for advances towards a cleaner economy.

“We will continue to invest in future car manufacturing, batteries and electrification infrastructure through our modern Industrial Strategy and today’s winners will be crucial in ensuring that the UK leads the world in the global transition to a low carbon economy - one of the greatest industrial opportunities of our time.”

UK Research and Innovation (UKRI) manages the Faraday Battery Challenge, part of the Industrial Strategy’s Future of Mobility Grand Challenge. The Faraday Battery Challenge brings together world-leading academia and businesses to accelerate the research needed to develop the latest electric car battery technologies – a crucial part of the UK’s move towards a net zero emissions economy.

It is also a key contributor to all new cars and vans being effectively zero emission by 2040.

Today’s £23 million investment forms part of the total £274 million that will be awarded to consortia across the UK through the Faraday Battery Challenge, part of the government’s Industrial Strategy Challenge Fund (ISCF).

UK Research and Innovation Chief Executive, Professor Sir Mark Walport, said: “The Faraday Battery Challenge brings together the UK’s world-class expertise across research and industry to deliver battery technologies that will power the vehicles of the future.

“The projects announced today emphasise how this collective expertise is being brought to bear on the biggest challenges facing the development of next-generation electric car batteries, from their power source and performance to safety and manufacturing.”

Faraday Battery Challenge Director Tony Harper said: “Across the three rounds of funding competitions we have now awarded a total of £82.6 million to 63 projects.

“This is a massive investment in business-led battery R&D in the UK, supporting innovative technologies and helping to build a UK supply chain that can compete on the global stage.”


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