Innovate UK has awarded £5.8m in funding to 12 projects that scale-up the manufacturing of underpinning net zero technologies to increase UK industrial resilience.
Driving the electric revolution summary
UK Research and Innovation’s (UKRI) Driving the Electric Revolution Challenge Fund delivered by Innovate UK is funding the manufacturing of power electronics, machines and drives (PEMD) products that are essential enablers of the UK’s transition to a net zero carbon economy.
The PEMD scale-up competition overview
This new investment will help develop a strong UK supply base for new electrical machines, controllers and the semiconductors they rely on, creating new UK jobs and greater supply chain resilience. Of the successful applicants, over half are first time recipients of grant funding from the Driving the electric revolution programme, which demonstrates just how much this vital community is continuing to grow.