New funding opportunities worth up to £85 million have been unveiled by Business Secretary, Greg Clark under the Industrial Strategy Challenge Fund’s Faraday Challenge. These aim to make the UK a world leader in low carbon vehicle technology.
They include funding to:
- support the UK’s position as a leader in the design, development and manufacture of future batteries for vehicle electrification
- set up a new facility to work on new technologies to propel the development of low carbon vehicles, through the Advanced Propulsion Centre (APC)
In addition to the Faraday Challenge opportunities, up to £25 million has been allocated for connected and autonomous vehicles.
A challenge to support the low carbon economy
The Faraday Challenge is one of a series of challenges set by the UK government as part of its Industrial Strategy. It will see £246 million invested in battery technologies over the next 4 years.
A total of £1 billion will be invested across all of the challenge areas.
Faraday Challenge competitions
Battery innovation for the electrification of vehicles
- the Department for Business, Energy and Industrial Strategy (BEIS) and Innovate UK have up to £30 million available for collaborative research and development projects for new battery technologies, and up to a further £10 million for feasibility studies
- the competitions open on 25 July 2017, and the deadline for applications is at midday on 14 September 2017
- we expect collaborative research and development projects to range in size from £1 million to £15 million and last up to 3 years
- we expect feasibility studies to range in size from £150,000 to £1 million and last between 3 and 12 months
- businesses could attract up to 70% of their project costs
National battery manufacturing development facility
- the APC has up to £45 million to support one project to develop a virtual centre for battery research to make technology more accessible and affordable for business
- the competition opens on 25 July, and the registration deadline is midday on 13 September 2017
- work must be carried out in the UK
- project build is expected to last a maximum of 24 months, with the construction complete and the facility operational by early 2020
- you may be eligible for up to 100% of your project costs if you or the delivery organisation is a non-profit research organisation
Research into batteries
Separate to these competitions, the Faraday Challenge will support activities across research, innovation and scale up. This includes a call by the Engineering and Physical Sciences Research Council (EPSRC) to establish a virtual research institute, plus associated research into battery development.
Autonomous vehicles competitions
The Business Secretary also announced 2 competitions to encourage projects that show how connected and autonomous vehicles can work in the real world. These will be funded by the Centre for Connected and Autonomous Vehicles (CCAV).
New connected and autonomous vehicle technologies
- up to £23 million is being made available for collaborative research and development projects, and up to a further £2 million for feasibility studies
- the competitions open on 25 July 2017, and the deadline for applications is midday on 25 October 2017
- we expect collaborative research and development projects to range in size from £500,000 to £4 million and last between 18 and 30 months
- we expect feasibility studies to range in size up to £250,000 and last between 12 and 18 months
- businesses could attract up to 70% of their project costs
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