UK BATTERY MANUFACTURING: SUPPLY CHAIN DISCOVERY AND MAPPING
THE CHALLENGE The global demand for batteries is forecast to be worth $310bn by 2027, covering the automotive, surface transport and power & energy sectors. With 84% of UK battery companies looking to move pieces of their supply chain closer to home, it’s clear there are many opportunities within battery manufacturing in the UK. Development of both capability and capacity are key to ensure the UK’s position in a global battery supply chain. Research and development into all aspects of battery systems has grown to cover a wide range of topics, from electrolyte materials to improved chargers and novel vehicle-to-grid business models. This project aimed to understand the current status of UK industry and research in the UK.
MTC’S SOLUTION The MTC sought to take a fresh look at the battery landscape within the UK to understand the current players, geographic distribution of capacity and any gaps. Following the process created in the original wide reaching EV Market review, conducted during the Perseus project in 2020. This latest review aimed to identify new entrants based within the UK and key components on the bill of materials, whilst highlighting the expansion in research and development activities.
Studies such as this are critical in understanding the UK and global market place. By completing landscape reviews the MTC has greater clarity around supply chain capabilities and is able to dig deeper into the untapped potential within that sector. Utilising this technical and commercial understanding greatly enhances the advice and steer we can provide to our customers and partners ensuring they come away with the best solutions. Dr. Marc Henry Business Development Manager, Electrification, MTC
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