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 12 02 2018 01

The UK’s Faraday Institution recently announced up to £42 million (US$58 million) in new government funding to four UK-based consortia to conduct application-inspired research aimed at overcoming battery challenges to accelerate the electric vehicle (EV) revolution.

The Faraday Institution is the UK’s independent national battery research institute, and was established as part of the government’s £246-million (US$341-million) investment in battery technology through the Industrial Strategy. Its formation was announced in October 2017 by the Business Secretary Greg Clark. (Earlier post.)

The Faraday Institution’s goal is to make the UK the go-to place and world leader for battery technology research and it has a clear mission to ensure the UK is well-placed to take advantage of the future economic opportunities from this emerging technology.

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