To ask the Secretary of State for Business, Energy and Industrial Strategy, when funding from the latest round of The Faraday Institute's Battery Challenge will be awarded.
29 April 2021
We can confirm that applicants into the Faraday Battery Challenge’s fourth competition of collaborative research and development funding will be notified by Friday 30th April 2021. The announcement of the successful projects will follow.
Batteries for electric vehicles are an important part of the Government’s plans for green growth, levelling up across our country and driving emissions to net zero by 2050. The Government is investing £320 million through the Faraday Battery Challenge to put the UK at the global forefront of the design, development, manufacturing, and recycling of electric batteries. This fourth round of innovation funding will continue to support exciting UK businesses in the development of these technologies, generating further jobs and investment in this critical area.