Government funds hydrogen vehicles & batteries research: An investigation into battery technology, the electric vehicle (EV) supply chain & hydrogen vehicles has been financed by over £30 million of government funding.
22 studies in total will accept a share of £9.4 million, containing proposals to construct a plant in Cornwall that will remove lithium for EV batteries, a plant in Cheshire to build lightweight magnets for EV motors and efficient hydrogen storage in Loughborough for cars & vans.
The government-supported Faraday Institution is also delivering £22.6 million to work for battery safety & recycling.
Minister for Investment Gerry Grimstone stated: “We have set an ambitious target to phase out the sale of new petrol and diesel cars by 2030. To support that it is crucial we invest in research so we can power ahead with the shift to electric vehicles as we build back greener from the pandemic.”
Replying to the government’s research support, Randolph Brazier, Director of Innovation and Electricity Systems at Energy Networks Association, commented: “As we begin to build back greener and develop homegrown supply chains, the UK Government’s investment into the research of hydrogen and batteries is encouraging.
“More renewables and batteries are being connected to the grid, the number of electric vehicles on the road is increasing, while hydrogen will slash emissions from heavier goods vehicles.
“The UK’s energy networks will continue our relentless focus on innovation, making sure that customers across the country see the benefits of a smarter, net zero energy system.”
Government funds hydrogen vehicles & batteries research