The Driving the Electric Revolution Challenge, launched in 2019 by the Department of Business, Energy and Industrial Strategy as part of the Industrial Strategy Challenge Fund (ISCF), represents an investment of up to £80million over 4 years for business-led innovation projects that enable UK supply chain and manufacturing capability growth in power electronics, machines & drives (PEMD).
See details and how to apply for the ‘Driving the Electric Revolution: Supply Chains for Net Zero’ competition here, and watch the briefing event recording here. This will invest up to £22 million in innovation projects to facilitate the UK’s niche and volume supply chain and manufacturing capability growth in power electronics, machines and drives (PEMD). These will be to support the government’s green industrial revolution in transport, energy and industrial sectors.
Join our weekly Engage with… webinar series, in which leading companies are given a platform to present their PEMD journeys, activities, challenges and future PEMD supply chain requirements, with a view of exploring future opportunities for partnerships/collaborations/projects.
Driving the Electric Revolution is enabling electrification across multiple sectors. It aims to ensure the UK leads the world in the design, development and manufacture of power electronics, machines and drives (PEMD) across multiple sectors with projects that will facilitate future improvements in supply chain capability, productivity, capacity, quality, & efficiency, support the UK’s continued push towards net-zero carbon, and catalyse the green economic recovery in transport, energy & industrial sectors. This is part of a larger effort across many technologies and sectors to catalyse the government’s green industrial revolution in transport, energy and industrial sectors, aligned to the ten-point plan. Developing this competency in the UK will seize the economic opportunities in the global transition to clean technologies and electrification, and drive demand for £5 billion more PEMD by 2025 and up to £80 billion by 2050, creating growth and highly skilled jobs across the UK.
If you would like to be kept up to date with the Driving the Electric Revolution Challenge and receive communications, please join our community here.