{"id":55837,"date":"2015-03-25T16:30:21","date_gmt":"2015-03-25T16:30:21","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=a805ecb2f29be68c739725824d3514c7"},"modified":"2015-03-25T16:30:21","modified_gmt":"2015-03-25T16:30:21","slug":"news-story-electric-vehicle-batteries-funding-for-pilot-production-line","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=55837","title":{"rendered":"News story: Electric vehicle batteries: funding for pilot production line"},"content":{"rendered":"
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Innovate UK and the Office for Low Emission Vehicles<\/a> are seeking a single consortium to develop a pilot line to produce high-voltage electric vehicle batteries at a rate that could later be scaled up for commercial production.<\/p>\n

The successful consortium will receive up to \u00a310 million funding to support a project to bring together the best expertise in vehicle battery technology for electric and plug-in hybrid electric vehicles.<\/p>\n

The global market for electric vehicle batteries is expected to be around $25 billion by 2020. There is an opportunity for UK businesses to offer an off-the-shelf battery solution for vehicle manufacturers.<\/p>\n

Competition information<\/h2>\n

The project can be led by a business or a research organisation. The consortium should include a research organisation, at least 2 vehicle manufacturers, at least one industrial supply chain partner, and at least one SME.<\/p>\n

Small businesses could receive up to 70% of their eligible costs, medium-sized businesses up to 60% and large businesses up to 50%.<\/p>\n

We expect total project costs to range in size from \u00a315 to \u00a320 million and the project to last 12 to 18 months.<\/p>\n