The Faraday Battery Challenge Round 6 Innovation Competition launches on 16 May 2023, aiming to accelerate the development of sustainable and affordable battery technologies.
The Challenge, which has up to £10 million available, is a key part of the UK's Industrial Strategy, aimed at establishing the UK as a global leader in battery technology. This year's competition will focus on accelerating the commercialisation of innovative battery technologies, providing funding and support for projects that demonstrate the potential to transform the energy storage landscape.
The competition aims to:
- Accelerate development and commercialisation of state-of-the-art battery technologies in the UK.
- Support growth of the supply chain and companies in the UK battery sector.
- Increase UK competitiveness in the global battery industry.
- Demonstrate ability of battery technologies to meet the needs of specific applications.
A briefing event will also be held at 10am on Wednesday, 17 May 2023.
The event will provide valuable information and insights into the competition, helping potential applicants to better understand the application process and the requirements for successful proposals.
For further information and to register for the briefing event please select the following link Summary - Faraday Battery Challenge Round 6 Competition Briefing (cvent.com)