News story

Building centres to drive electric revolution: apply for funding

Up to £30 million to set up flagship centres supporting the manufacturing supply chain in the latest power electronics, machines and drives.

electric car charging

»Ê¹ÚÌåÓýapp UK is a world leader in developing the power electronics, electric machines and drives that are fundamental to a global shift to clean technologies and electrification.

»Ê¹ÚÌåÓýappse technologies are taken to concept level in the UK, but new products are usually manufactured elsewhere.

»Ê¹ÚÌåÓýapp UK government’s Industrial Strategy Challenge Fund Driving the Electric Revolution Challenge is an £80 million investment in the development of supply chains in the UK that support manufacturing in these new technologies.

»Ê¹ÚÌåÓýapp aim is to build supply chains across 7 key areas of the economy and help contribute to UK carbon reduction targets:

  • automotive
  • aerospace
  • energy
  • industrial
  • marine
  • off highway
  • rail

Developing the UK’s ability to manufacture in this field is expected to create £5 billion of new business by 2025 and up to £80 billion by 2050.

Innovate UK, as part of UK Research and Innovation, has up to £30 million from the fund to invest in a series of flagship regional centres to develop, prototype and scale up power electronics, machines and drives technologies.

Funding will support 2-4 centres

»Ê¹ÚÌåÓýapp funding will support 2-4 regional centres led by 1 organisation and based around existing clusters of activity.

»Ê¹ÚÌåÓýapp winning consortium is expected to raise a further £82 million in industry investment and maintain the centres for 10 years.

Centres must focus on all 7 key areas in the challenge and help SMEs to develop and scale power electronics, machines and drives technologies

»Ê¹ÚÌåÓýappy should have the equipment and staff expertise to undertake projects.

Competition information

  • the competition is open and the deadline for registration is at midday on 27 November 2019
  • it is open to businesses and research organisations
  • we expect to support a single project with a grant of up to £30 million
  • a takes place on 29 October 2019

Updates to this page

Published 23 October 2019