Latest news with #DRIVE35
Yahoo
28-07-2025
- Automotive
- Yahoo
UK sees 27% YoY growth in EV chargepoints
The UK government has announced that the country's electric vehicle (EV) infrastructure has received a significant boost with the addition of 17,370 new chargepoints over the past year, marking a 27% increase in the network. Future of Roads Minister Lilian Greenwood confirmed this rapid expansion, particularly noting advancements in the north-east, East of England, and the West Midlands, ensuring drivers have access to public chargepoints within a short drive. The surge in chargepoint installations comes alongside the government's announcement of discounts up to £3,750 for new EVs. This incentive is coupled with a £25m investment to facilitate home charging, potentially saving drivers up to £1,500 annually when they switch to electric. The discount scheme is now open to manufacturers and will be available until the 2028 to 2029 financial year. The UK government's commitment to EV adoption includes a £4.5bn investment to reduce the costs and simplify the ownership of EVs. This investment also aims to support British car manufacturers, generate jobs, and drive investment as part of the 'Plan for Change'. Future of Roads Minister, Lilian Greenwood, said: 'Just last week, we announced record discounts to help make EV ownership a reality for thousands more people, alongside making it easier to charge at home so more drivers can run their EV for as little as 2p a mile – that's London to Birmingham for £2.50. 'Today's chargepoint figures show that alongside lowering upfront costs, we're also making fantastic progress towards expanding our charging network across the UK.' The strategy aligns with the government's efforts to support drivers, which include investing £1.6bn in road maintenance and extending the 5p fuel duty freeze until spring 2026, saving motorists an average of £50 to £60 per year. Earlier in the month, the DRIVE35 programme was launched by the government, which is a £2.5bn ($3.37bn) initiative designed to accelerate the UK automotive sector's transition to zero-emission vehicle production. "UK sees 27% YoY growth in EV chargepoints" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-07-2025
- Automotive
- Yahoo
UK's lithium-ion battery project gets government funding
A UK-based EV lithium-ion battery recycling project has secured £8.1m ($10.8m) funding to manufacture lithium-ion battery materials from recycled sources. The project is a collaboration between clean tech innovator Mint Innovation, Tata-owned Jaguar Land Rover (JLR), Recyclus Group subsidiary LiBatt Recycling, and WMG at the University of Warwick. The UK Department for Business and Trade, via the Advanced Propulsion Centre UK (APC), has contributed £4.05m for the project. The battery recycling project is part of the larger DRIVE35 programme, which is investing £2.5bn to enhance the nation's automotive sector and create jobs. This collaboration will focus on expanding Mint Innovation's technology platform for recovering lithium, nickel, and cobalt from spent lithium-ion batteries, essential for electric vehicle (EV) battery production. Mint noted that the project's goal is to prove its low-carbon hydrometallurgical black mass refining technology at demonstration scale, which aids in securing its domestic supply chains and meets net-zero targets via clean solutions. Set to take place in the West Midlands, UK, the project will be delivered over the span of three years, concluding in 2028. APC UK has estimated that by 2040, the UK will generate nearly 235 kilotonnes of EV battery waste. Mint said, each partner is tasked with 'ensuring a sustainable lifecycle' for lithium-ion batteries. This includes managing end-of-life battery supply, processing, and integrating recycled materials into new batteries. Mint CEO Will Barker said: 'Our team is incredibly excited to partner with JLR, LiBatt Recycling, Recyclus Group, and WMG in this innovative consortium. 'Together, we're able to advance zero emission automative manufacturing at a faster pace, pioneering sustainable lithium-ion battery recycling solutions to secure onshore supply of green materials critical for the UK's rapidly growing EV industry.' "UK's lithium-ion battery project gets government funding" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TimesLIVE
17-07-2025
- Automotive
- TimesLIVE
JLR-backed battery recycling project gets UK government funding
An EV battery recycling project backed by Jaguar Land Rover (JLR) has received British government funding to recover critical minerals from end-of-life batteries, start-up Mint Innovation said on Thursday. The project to recover lithium, nickel and cobalt from used batteries is part of the £2.5bn (R59.96bn) DRIVE35 programme the UK department for business and trade launched on Sunday to support the transition to electric cars. Why it's important Britain plans to phase out sales of new petrol and diesel cars by 2035. But globally demand for EVs has fallen behind expectations, with consumers citing high upfront costs as the main barrier. By the numbers The lithium-ion battery project will be in Britain's West Midlands and run for three years, Mint Innovation said. The cleantech company's project is backed by Tata Motors' unit JLR, LiBatt Recycling and the Warwick Manufacturing Group department of the University of Warwick. It has secured £8.1m (R194.18m) in funding, including £4.05m (R97m) from the government's Advanced Propulsion Centre UK. Britain's DRIVE35 will commit £2bn (R47.94bn) in funding to 2030 and an additional £500m (R11.98bn) for research and development to 2035 to support job creation and EV innovation, the department for business and trade said. Key quote 'Our advanced processes aim to not only deliver high-quality materials ... but also help to reduce our reliance on virgin materials,' said Beth Johnston, assistant professor at the University of Warwick. Context In April, Britain softened its demands on automakers to shift to EV production, seeking to alleviate pressure on an industry already reeling from US import tariffs. In June, JLR trimmed its fiscal 2026 margin forecast due to slowing global auto demand, months after shelving plans to build EVs at a new $1bn (R17.89bn) Tata factory in southern India.
Yahoo
17-07-2025
- Automotive
- Yahoo
UK launches ten-year ‘DRIVE35' R&D funding support
UK auto firms will benefit from a £2.5 billion UK government commitment over the next decade that aims to 'support thousands of jobs and help ensure the UK remains at the forefront of zero-emission vehicle development.' The programme – called DRIVE35 – comprises new and improved funding competitions that will support UK businesses. The programme will fund a wide spectrum of projects which help the transition to zero-emission vehicle manufacturing - targeting established high-volume manufacturing and multi-billion-pound gigafactories, all the way to start-ups, prototypes and 'cutting-edge automotive innovation'. The programme will commit £2 billion in funding to 2030 alongside an additional £500m for research and development to 2035, signalling a ten-year commitment to UK automotive innovation. The UK government says the funding will provide certainty to the sector, give innovators the confidence to invest in the UK and will support the latest in research and development, unlocking capital investment in zero emission vehicles, batteries and their supply chains. Business and Trade Secretary Jonathan Reynolds said: 'We're helping British carmakers get to the front of the pack by working hand in hand with investors to build a globally competitive electric vehicle supply chain in the UK as we deliver our Plan for Change. 'We're taking action to back the industry for the future with the biggest set of announcements for the sector in the last decade. This includes securing a landmark trade deal with the US to bring down tariffs for British car manufacturers, measures in our modern Industrial Strategy to lower electricity prices and updating the ZEV mandate, supporting UK manufacturers to safeguard jobs, and secure the future of the sector.' DRIVE35 will build on previous successes with the Automotive Transformation Fund (ATF) and the Advanced Propulsion Centre UK (APC) R&D competitions, which between them leveraged over £6 billion of investment from the private sector. Chris Knight, VP, Automotive at NTT DATA UK&I says decade-long funding is exactly what's needed to unlock EV innovation in an industry defined by long product cycles. But he warns that the UK must also lead on supply chain resilience - from energy security, to actively reshoring critical manufacturing. Knight said: 'The real test of DRIVE35 will be whether it can make the UK an attractive place to invest amid a currently turbulent geopolitical environment and deliver true supply chain security. That means strengthening every layer of the supply chain, from R&D partnerships to energy reliability, as well as improved digital infrastructure to give manufacturers foresight into their supply chain.' "UK launches ten-year 'DRIVE35' R&D funding support" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Time of India
17-07-2025
- Automotive
- Time of India
Jaguar Land Rover-backed battery recycling project gets UK government funding
An EV battery recycling project backed by Jaguar Land Rover has received British government funding to recover critical minerals from end-of-life batteries, startup Mint Innovation said on Thursday. The project to recover lithium, nickel and cobalt from used batteries is part of the 2.5-billion-pound ($3.35 billion) DRIVE35 programme that the UK Department for Business and Trade launched on Sunday to support the transition to electric cars. Explore courses from Top Institutes in Select a Course Category MCA Healthcare Design Thinking Data Analytics Technology Digital Marketing healthcare others Product Management Others Public Policy Data Science Leadership PGDM Artificial Intelligence Project Management Data Science MBA Operations Management CXO Cybersecurity Finance Management Degree Skills you'll gain: Programming Proficiency Data Handling & Analysis Cybersecurity Awareness & Skills Artificial Intelligence & Machine Learning Duration: 24 Months Vellore Institute of Technology VIT Master of Computer Applications Starts on Aug 14, 2024 Get Details WHY IT'S IMPORTANT Britain plans to phase out sales of new petrol and diesel cars by 2035. But globally demand for EVs has fallen behind expectations, with consumers citing high upfront costs as the main barrier. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo BY THE NUMBERS The lithium-ion battery project will be in Britain's West Midlands and run for three years, Mint Innovation said in a statement. The cleantech company's project is backed by Tata Motors ' unit Jaguar Land Rover, LiBatt Recycling and the Warwick Manufacturing Group department of the University of Warwick. Live Events It has secured 8.1 million pounds in funding, including 4.05 million from the government's Advanced Propulsion Centre UK. Britain's DRIVE35 will commit 2 billion pounds in funding to 2030 and an additional 500 million pounds for research and development to 2035 to support job creation and EV innovation, the Department for Business and Trade said on Sunday. KEY QUOTE "Our advanced processes aim to not only deliver high-quality materials ... but also help to reduce our reliance on virgin materials," said Beth Johnston, Assistant Professor at the University of Warwick. CONTEXT In April, Britain softened its demands on automakers to shift to EV production, seeking to alleviate pressure on an industry already reeling from U.S. import tariffs. In June, Jaguar Land Rover trimmed its fiscal 2026 margin forecast due to slowing global auto demand, months after shelving plans to build EVs at a new $1 billion Tata factory in southern India.
