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Faraday Battery Challenge funds projects on recycling, digital twins, innovative battery materials and production
Innovate UK‘s Faraday Battery Challenge will support 17 new EV battery initiatives with £27.6 million.
The new projects will advance various types of EV battery technology, including digital twins, battery recycling and next-generation materials. All the projects integrate technological, market and commercial aspects designed to increase UK battery value chain competitiveness.
OXLiD is investigating Lithium-sulfur (Li-S) batteries. The company says quasi-solid-state Li-S batteries could improve energy density, battery longevity and operating temperature range.
Nyobolt’s EXtrAPower initiative seeks to commercialize ultra-fast battery charging technology.
Altilium’s CAM-EV initiative aims to collect and process key metals from old EV batteries for reuse in new batteries.
“As we move towards a net zero future, the UK’s electric vehicle industry must continue to evolve,” said Tony Harper, Faraday Battery Challenge Director. “These winning projects have all shown how their ideas can potentially accelerate the development of technologies or business practices in the UK.”
Source: UK Research and Innovation
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