New £25mn Faraday battery challenge fund launched for EV innovation It was announced on Wednesday 12 September that a new funding competition has been launched under the Faraday battery challenge. Up to £25mn will be available to innovative businesses working on developing batteries for future electric vehicles (EVs). The funding is being provided by UK Research and Innovation and delivered by Innovate UK. The Faraday battery challenge is a £246mn investment and forms part of the government’...
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