Faraday Challenge awards £22m to battery tech pioneers

The government has awarded £22 million to 12 battery innovation projects in the latest round of funding from its £246 million Faraday Challenge initiative.

Among the winners are the Power Drive Line project led by Ilika which focuses on the development of solid state batteries – in particular how to mass manufacture them in the UK – as well as the accompanying superfast charging technology.

The Faraday Challenge was launched in July last year to support research and development into batteries. The four-year investment programme forms part of the government’s £4.7 billion Industrial Strategy Challenge Fund.

The first phase featured a £45 million competition to establish a national battery institute to aid the commercialisation of innovative technology.

Projects to receive grants in the latest round of funding include:

Business and energy secretary Greg Clark commented: “Innovative battery technology is changing the way we live, travel and work, and the government is committed to putting Britain at the heart of this energy revolution.”

“ £22 million investment in world-leading R&D projects is an example of our modern industrial strategy in action and will help pioneering companies realise the economic benefits the global transition to a low-carbon economy offers.

UK Research and Innovation chief executive Mark Walport said: “Effective, efficient and sustainable transport is key to addressing so many of today’s challenges from industrial growth to social inclusion.

“Through advanced battery technology, we will unlock a new generation of electric vehicles, further improving vehicle performance and uptake, opening doors to innovative new transport ideas, and significantly reducing environmental impacts.”