Organised with the Faraday and Driving the Electric Challenge Funds, along with the Advanced Propulsion Centre, the event will explore the whole of the electric drive train, from the power electronics, motors and control drives through to the batteries, which together make up two-thirds of the value of an Electric Vehicle. Added to this is the onshoring of materials for the component supply chains to meet rules of origin requirements from automotive’s biggest market – the EU.
There is no lack of exciting new technology of the kind that the Faraday Battery Challenge, Driving the Electric Revolution and the APC are supporting, but if the UK is going to succeed it needs to scale up rapidly across these key electrification verticals, which means it needs the follow through support of private investment and the OEM value chains to drive it. This is the best opportunity for investors to find out where to invest in the new value chains and in the many dozens of companies that are in line to benefit.