May 17

Faraday Institution Call for a UK EV and Battery Manufacturing Economics Case

The Faraday Institution is the UK’s independent, national institute for electrochemical energy storage science and technology, supporting research, training, and analysis. Bringing together expertise from universities and industry, the Faraday Institution endeavours to make the UK the go-to place for the research, development, manufacture and production of new electrical storage technologies for both the automotive and the wider relevant sectors.

The Faraday Institution wants to gain a robust perspective of how the UK can maximise jobs creation and investment in the electric vehicle (EV) and battery manufacturing markets. The Institution has therefore launched a call to fund one project that will provide an estimate of the economic benefit the UK can derive from the manufacture of electric vehicles and battery cells and packs to 2040, as well as providing economic models to support ongoing analysis in this area.

The specific questions to be addressed are:

“What is the maximum opportunity for electric vehicle and battery cell production to be based in the UK by 2030 and 2040, and what actions need to be taken now, and by who, to ensure that this opportunity is captured?”

The proposed project is focused explicitly on the UK’s production of EVs and batteries, not the UK’s consumption of electric vehicles. The project should give scenarios for costs and prices, not predictions, with estimates of the impacts of shocks or breakthrough technologies.

UK higher education institutions that receive grant funding from one of the Government’s higher education funding bodies and some Research Council institutes and independent research organisations are eligible to apply. A list of eligible organisations to apply is available here.

The Faraday Institution’s policy is to fund at 80% of full economic costing. The maximum budget for this project is £200,000 (ie fully economic cost of £250,000), but applicants will be judged on both quality and cost efficiency of their proposal.

Interested applicants should email the Faraday Institution at executive.assistant@faraday.ac.uk to obtain an application form. This should be completed and returned to the same email address.

A conference call for potential applications will be held on 14 May 2018. Attendance at this conference call is mandatory for all applicants to this competition.

Applications should be submitted by the 8 June 2018 deadline.