Faraday Battery Challenge: Funding for Research into Automotive Battery Technologies
The Faraday Battery Challenge was launched by Business and Energy Secretary Greg Clark in July 2017 as part of the Industrial Strategy Challenge Fund (ISCF). The Faraday Battery Challenge is an investment of £246 million over four years, set up to help UK businesses seize the opportunities presented by the transition to a low carbon economy and to ensure that the UK leads the world in the design, development and manufacture of batteries for the electrification of vehicles.
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