Projects exploring battery recycling, digital twins, new battery materials, and new manufacturing techniques receive funding from the Faraday Battery Challenge.
Projects exploring battery recycling, digital twins, new battery materials, and new manufacturing techniques receive funding from the Faraday Battery Challenge.
From digital twins to improving battery recycling and next generation battery materials
17 projects announced today (26 January 2023) will support innovation in propulsion battery technologies for electric vehicles (EVs) in the UK.
They will share £27.6 million in funding from UK Research and Innovation’s Faraday Battery Challenge, delivered by Innovate UK.
The projects aim to enable UK competitiveness across the battery value chain by:
- building and securing the UK supply chain
- improving battery performance
- reducing cost of batteries
- developing more efficient and globally competitive manufacturing processes
- developing more sustainable batteries
- accelerating the development and scale-up of battery technologies
All the projects demonstrate a balance between specific technical, market and business requirements.
Moving battery innovation from technological potential towards commercial capability, these projects aim to ensure that the UK can meet its net zero commitments in the required timescale.
Providing record funding
Minister for Industry and Investment Security Nusrat Ghani said:
“Efficient and reliable batteries are the key to powering new, green industries that will create jobs and enable our UK-made transition to net zero – from our world-leading renewables industry to our growing electric vehicle sector.
This government is providing record funding for the Faraday Battery Challenge, unlocking industry investment in projects like these that build our competitive edge in these vitally important technologies.”
Continuing to evolve
Tony Harper, Challenge Director for the Faraday Battery Challenge, said:
“As we move towards a net zero future, the UK’s electric vehicle industry must continue to evolve.
These winning projects have all shown how their ideas can potentially accelerate the development of technologies or business practices in the UK.
I look forward to seeing how their innovations help to significantly advance the performance characteristics of batteries for electric vehicles.”
