12.6.2019EV battery projects awarded share of £23 million
The government has announced which projects have been awarded a share of £23 million in funding from the Faraday Battery Challenge to develop batteries for electric vehicles.
Companies leading the projects range from small designers to large automotive manufacturers, with the aim being to bring together the car industry and academia to make the UK one of the world's leading R&D centres for EVs.
Winners include mining consultancy firm Wardell Armstrong, which 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.
Also awarded funding are a Jaguar Land Rover-led project to maximise battery performance while maintaining safety, and a study looking into the use of artificial intelligence in battery manufacturing, led by materials technology company Granta Design.
This £23 million investment forms part of the total £274 million that will be awarded to groups across the UK through the Faraday Battery Challenge, part of the government's Industrial Strategy Challenge Fund (ISCF).
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."