Battery technology for electric vehicles to be developed in Wales

Caerphilly-based Deregallera is developing a new hybrid energy storage system to extend the life of an electric vehicle battery by 50%.

Monmouth-based Tri-Wall will be part of a project that is pooling resources between a number of companies, including Jaguar Land Rover and 3M, to improve the safety of batteries for use in electric vehicles and as stationary power sources.

The funding is part of the latest round of grants to be announced through the UK Government’s Faraday Battery Challenge.

This allocation will enable the creation of more highly-skilled, well-paid jobs across the country, boosting the economy and Wales’ reputation for innovation excellence.

The fund forms part of the UK Government’s drive to maintain Britain’s place at the forefront of new technologies and emerging markets, through its modern Industrial Strategy.

Bringing together world-leading academia and businesses to accelerate the research needed to develop the latest electric car battery technologies, the Faraday Battery Challenge is seen as a crucial part of the UK’s move towards a net zero emissions economy.