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Faraday Battery Challenge Round 5 Innovation: Feasibility Studies

Fund Name

Faraday Battery Challenge Round 5 Innovation: Feasibility Studies

Project Length

Up to 12 months

Project Value




UK registered businesses can apply for a share of up to £25 million across two strands, for innovation in propulsion battery technologies for electric vehicles. Your proposal must clearly show how your feasibility study has the potential to accelerate the development of technologies or business practices which could significantly advance the performance characteristics of batteries for electric vehicles.​

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Fund Details

The aims of this competition are to:

  • support business-led research and development of sustainable propulsion batteries
  • support technologies with the potential to enter the automotive market within the next 15 years and, where appropriate, allow for early or cooperative entry into other sectors
  • move UK battery innovations from technological potential towards commercial capability
  • develop and secure material and manufacturing supply chains for battery technologies in the UK

IUK are particularly interested in projects that are focused on the following:

  • high power and high energy density, where safety can enable high performance applications
  • low cost and lower energy density technologies with lower reliance on critical minerals such as Cobalt and Nickel
  • technologies enabling high cycle life
  • technologies developing sustainable batteries, for example, which improve resource efficiency, reduce energy intensity of processes or increase recyclability
  • building and securing the UK supply chain
  • development of more efficient and globally competitive manufacturing processes

Your project can achieve these through a combination of innovations in process improvement, cell chemistry, cell-to-pack efficiency and novel design concepts. We expect successful projects to increase productivity, competitiveness and growth for UK businesses.

Specific Themes

Your project must focus on:

  • extraction and processing of raw materials
  • development and manufacture of cell materials and components
  • design and manufacture of novel cell, module and pack concepts
  • end of life and recycling technologies
  • development of the UK battery supply chain
  • enabling physical and digital technologies which support the design, development, optimisation and deployment of propulsion batteries


Your project must:

  • have total costs between £100,000 to £750,000
  • start by 1 January 2023
  • end by 31 December 2023
  • last up to 12 months
  • carry out all of its project work in the UK
  • intend to exploit the results from or in the UK

Lead organisation

To lead a project your organisation must:

  • be a UK registered business of any size
  • collaborate with other UK registered organisations
  • be or involve at least one micro, small or medium-sized enterprise (SME)

Academic institutions, RTOs, charities, not for profit or public sector organisations cannot lead or work alone.

Talk to us today if you would like to apply for this opportunity.

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