The Chief Secretary to the Treasury, Danny Alexander, announced on Friday that the UK government will award a £10 million prize for innovation in electric car battery design.
“The challenge is to draw on the UK’s world-class scientific research and develop a battery which is at the cutting edge of innovation, commercially viable and ready to be put into production”, said Mr Alexander.
“The competition will be open to all UK research establishments, working together with vehicle manufacturers based over here in the UK.”
Bids will be accepted from April with a winner expected be announced in the Summer.
Transport campaigner Quentin Willson, who has been involved in designing the prize, commented: “The UK should lead the world in cutting-edge ULEV battery technology and this initiative will help create jobs, establish a whole new industry and boost GDP. I totally support this prize for the best in UK battery innovation.”
Huffington Post UK