UKBIC is a key part of the Faraday Battery Challenge (FBC), a Government programme to fast track the development of cost-effective, high-performance, durable, safe, low-weight and recyclable batteries.
In addition to funding from the Faraday Battery Challenge through UK Research and Innovation and the Industrial Strategy Challenge Fund, UKBIC is also part-funded through the West Midlands Combined Authority. The project has been delivered through a consortium of Coventry City Council, Coventry and Warwickshire Local Enterprise Partnership and WMG, at the University of Warwick. UKBIC was created in 2018 following a competition led by the Advanced Propulsion Centre with support from Innovate UK.
Business and Energy Secretary Greg Clark said, “Battery technology is one of the most game-changing forms of energy innovation and it is one of the cornerstones of our ambition, through the Industrial Strategy and the Faraday Battery Challenge, to ensure that the UK leads the world, and reaps the economic benefits, in the global transition to a low carbon economy.
“The new facility, based in Coventry and Warwickshire, will propel the UK forward in this thriving area, bringing experts from academia and industry together to deliver innovation and R&D that will further enhance the West Midlands’ international reputation as a cluster of automotive excellence.”