The first phase of a £246 million Government investment into battery technology is being launched.
Business Secretary Greg Clark said the aim is to ensure the UK leads the world in the design, development and manufacture of electric batteries.
Known as the Faraday Challenge, the four-year investment round is a key part of the Government’s Industrial Strategy. It will deliver a programme of competitions that will aim to boost the research and development of battery technology.
Birmingham’s car industry and universities are engaged in research to make electric batteries more efficient, more compact and longer lasting to power our vehicles of the future and lessen the economy’s dependence on oil, as well as boost our economy.
The West Midlands has already launched a bid to open a national ba...Read More