Faraday Challenge: research and development
As part of the government’s Faraday Challenge Industrial Strategy Challenge Fund, Innovate UK is to invest up to £30 million in innovation projects. This is to support the UK to lead the world in the design, development and manufacture of future batteries for vehicle electrification.
A separate £10 million is available for feasibility projects. This is being run as a linked competition.
We will fund projects that focus on identified technical or commercial challenges in battery innovation, development and manufacture through UK supply chains. These should lead to battery technologies that can be exploited at scale by the automotive sector in the UK and globally. Specifically we are looking to build and create future electric vehicle battery supply chains in the UK.
Projects should range in size from total eligible costs of £1 million to £15 million
If your project falls outside of this range you will need to speak to us before you apply.
Projects should last up to 3 years.
All projects must be a collaboration between at least 2 partners.
The Faraday Challenge represents a completely joined up national innovation system, supporting projects from fundamental research (EPSRC) through feasibility studies (Innovate UK) to industrial scale up (APC). The Advanced Propulsion Centre and Innovate UK are delivering the parallel Scale Up competition to establish a National Battery Manufacturing Development Facility.