Will EV batteries boost UK employment?

The Faraday Institution estimates that meeting domestic demand for batteries for EVs would boost UK employment by approximately 270,000 (full-time equivalent) jobs by 2040. [footnote 207] Of these, 100,000 would come from battery manufacturing plants and the supply chain, 145,000 from EV production, and 25,000 from HGV /bus production.

How can planning and permitting reform help the emerging battery sector?

Ensuring planning and permitting reform actions will benefit the emerging battery sector. Enable the development of a thriving and sustainable sector, supported by proportionate regulations that drive investment across the supply chain, from raw materials through to end of life and recycling.

Why is the UK investing in battery manufacturing?

The UK government is committed to continuing to invest in UK battery manufacturing. This strategy builds on our impressive track record of targeted government support, leading to a pipeline of investments through the battery ecosystem:

What funding does the UK need for next-generation batteries?

Research funding into the development of next-generation batteries through grants from UK Research and Innovation’s Engineering and Physical Sciences Research Council. The provision of £1.3bn in funding to support the roll-out of charge points on motorways and major A roads.

Does battery strategy go flat – net zero target at risk?

Following this inquiry, in October 2021 the committee published its report entitled ‘ Battery strategy goes flat: Net zero target at risk ’. The committee warned that the UK needed to increase its battery manufacturing capacity. It argued that weak growth in the sector would undermine the UK’s ability to achieve its net zero target.

Should the UK increase its battery manufacturing capacity?

The committee warned that the UK needed to increase its battery manufacturing capacity. It argued that weak growth in the sector would undermine the UK’s ability to achieve its net zero target. The committee also said there was increased demand for batteries from UK automotive manufacturing, arising from the move towards electric vehicles.