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Giga economy

Powering the battery revolution

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Towards the end of 2020, the UK government announced its ban on the sale of new petrol and diesel vehicles from 2030. This is the second time Prime Minister Boris Johnson has pushed forward the cut-off for combustion engines – from its original 2040 deadline.

As the UK aims for the sunny uplands of net-zero by 2050, accelerating the motor industry’s transition to electrification is a priority – for employment as well as the environment. It will be evident within a couple of years whether the sector is on the right road. Safe arrival depends not just on motor manufacturers and buyers but also complex supply chains, and investment in battery research and development, and crucially, manufacturing…

In our latest whitepaper, we take a closer look at the driving forces behind electric vehicles. You’ll discover:

  • The advances in modern batteries helping to resolve the issues of EVs cost & range
  • The availability of charging points and the speed at which they charge
  • The global race for battery production
  • The technologies at the forefront of battery R&D
  • Sustainability and the search for a circular life cycle

As expected, R&D plays a pivotal role in the advancement of battery technology. Companies at all stages of the product lifecycle can take advantage of the UK’s generous R&D incentive schemes, which include R&D tax relief and government grants. These incentives can even inject cash directly back into the business, allowing them to reinvest in more innovative projects and capture more market share…