A consortium led by Warwick University has won a £10 million low carbon battery prize.
It developed a pilot production line and has been recognised for its ability to build high-voltage automotive battery packs for hybrid and electric vehicles (EVs).
The companies include Warwick Manufacturing Group (WMG), Jaguar Land Rover, JCB, Alexander Dennis and Ariel Motors.
The funding was awarded as part of the government’s Ultra Low Emission Battery Prize, which incentivises the development of next-generation low carbon batteries.
Professor Lord Bhattacharyya, Chairman of WMG said: “The global energy storage market will be worth $50 billion£32bn) by 2020; of this, $21 billion (£13.4bn) will be in transportation. Automotive is well on its way to displacing consumer electronics as the biggest user of energy storage.
“This project will play a significant role in the evolution of that market by creating a UK supply chain for battery packs to suit hybrid and electric vehicles requiring volumes from hundreds to thousands of units per year.”