Some £120 million is set to be invested in the research and development of electric vehicle battery manufacturing and production, including an investment of £80 million into the country’s first automotive battery development facility based in the West Midlands.
Greg Clark, business and energy secretary, made the announcement, saying that the new facility will help drive the UK forward in this particular area, with academics and industry coming together to deliver innovation that will enhance the West Midlands’ reputation as a centre for automotive excellence, Eureka Magazine reports.
A total investment of £40 million will help to fund 27 battery research projects, covering key technologies like the development of battery materials, design and production of modules and packs, and cell manufacturing.
“Battery technology is one of the most game-changing forms of energy innovation and it is one of the cornerstones of our ambition, through the Industrial Strategy and the Faraday Challenge, to ensure that the UK leads the world, and reaps the economic benefits, in the global transition to a low carbon economy,” Mr Clark went on to say.
The Faraday Battery Challenge intends to make the UK the place to go for research, development, manufacture and production of innovative battery technologies for the automotive sector, as well as other relevant industries.
A research programme is required by industry to drive improvements in power and energy density, cost, lifetime, safety, recycling and predictability in order to mainstream new battery-based technologies.
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