Phasing out the sale of new petrol and diesel cars by 2030 is propelling investment and innovation
The UK Government is investing more than £30 million to boost research in battery technology, the electric vehicle supply chain, and hydrogen vehicles.
Twenty two studies, focused on development of automotive technology, will receive a share of £9.4 million. These studies include proposals to build a facility, located in Cornwall, UK, that will extract lithium for use in electric vehicle batteries, along with a proposal for a facility in Loughborough, UK, producing lightweight hydrogen storage for cars and vans. The funding for these studies comes from the Automotive Transformation Fund, delivered through the Advanced Propulsion Centre (APC). The APC collaborates with the UK
overnment, the automotive industry, and academia to hasten the industrialisation of technologies supporting the transition to deliver net-zero emissions vehicles.
The UK Government has committed to phase out the sale of new petrol and diesel cars by 2030; research into alternative ways to power vehicles is a fundamental part of this transition.
The Faraday Institution, which is backed by Government, is also committing £22.6 million to continue its work on improving the safety, reliability and sustainability of batteries. Areas of research include investigating solid state batteries, which have the potential to deliver improvements in safety and increase the distances an electric vehicle can travel between charges, as well as the recycling and reuse of batteries. The Faraday Institution will also investigate the use of batteries on the energy grid and for aviation.
Minister for Investment Gerry Grimstone said; ‘Investment in battery technology…is also good for businesses and workers, supporting the creation of new jobs, new industries and the development of technologies to power the automotive and energy revolution in the UK.’