Faraday Battery Challenge: innovation feasibility studies, round 3
Fund Name: innovation feasibility studies, round 3
Project Length: 3-12 months
Project Value: Share of up to £2m
The aim of this competition is to support business-led R&D in the design and development of batteries for electric vehicles. Projects must emphasise:
- making it easier to scale up
- building supply chains in the UK
The funding is split into 2 competitions running in parallel. In this competition we expect to invest up to £2 million in feasibility studies.
Your project must improve the scalability and manufacturability of batteries for automotive in some way. It can involve development for other sectors, such as rail, marine, aerospace, defence or other applications, as long as an element of the technology could also be applied to automotive.
Your project can focus on technological improvements or developing new business models. We encourage projects that bring new investment and new businesses into the sector in the UK.
Your project must:
- de-risk scaling up innovative technologies across the battery value chain (including cell materials and components, cells, modules and packs, but not vehicle integration) and/or
- remove the technical or commercial barriers to cell manufacture in the UK
- support the overall goal of the Faraday Battery Challenge
You must develop the understanding and processes needed to scale your technology following the end of the project. We are looking to support projects that address technical and commercial challenges, including:
- cost reduction: at the cell and pack level, as well as minimising manufacturing costs
- energy density: increasing Wh/kg per cell
- power density: increasing kW/kg per pack
- safety: eliminate thermal runaway risks for enhanced safety
- first life: lengthen cell and pack life
- temperature: broaden the temperature ranges that a pack efficiently operates at
- predictability: new models to better predict range and battery health
- recyclability: towards 95% pack recyclability, such as by design, reuse or recycling
Your project must:
- consider end of life implications
- have a clear route to scale up your technology beyond a prototype or demonstrator following the conclusion of the project
- plan to have real-world applications and meet the appropriate sector’s performance and regulatory targets
- show a thorough understanding of the system your technology will fit into
Your total project costs can be up to £500,000. Your project can last between 3 and 12 months. It must start by 1 September 2019 and end by 31 March 2021.
To be eligible for funding you must:
- be a UK based business, academic organisation, charity, public sector organisation or research and technology organisation (RTO)
- carry out your project work in the UK
- intend to exploit the results from or in the UK
- work in collaboration with other businesses, research organisations or third-sector organisations
- make every effort to attend the cohort events, which will bring together project participants from across the Faraday Battery Challenge to share knowledge and help maximise the outcomes of the initiative
The lead and at least one other organisation must claim funding.
To lead a project you must:
- be a UK based business, of any size, or a research and technology organisation (RTO)
- involve at least one other organisation, or at least 2 businesses if the lead is an RTO
We encourage you to include a partner with expertise in the scaling of battery technologies, for example UKBIC for cell manufacture.
Get in touch
If you think that you might be eligible for this fund, please Get In Touch by filling out the contact form below.Back to all funds