What are different scenarios for the UK battery sector, and how can investment be attracted?
Background
Global pressures, including currency movements and economic security policies, have direct and indirect effects on supply chains, global trade flows, and economic and national security in the UK. We seek evidence to strengthen economic security and supply chain resilience, ensuring UK businesses can scale-up and compete globally. The topics in this theme enable government to strengthen our economic and national security, as well as ensuring supply chains are understood and reinforced to be resilient to both long-term change and economic shocks.
Due to a new era of geopolitical competition, the UK faces the possibility of rising geopolitical instability and the increase of volatile supply chains, therefore understanding how to take assertive, protective, and strategic steps will help to support economic growth and resilience. We have included questions that relate to trends for supply chains, global economic challenges to business growth, critical mineral dependencies, and global trade flows.
Delivering economic security and resilient supply chains requires:
- enabling climate change adaption and accelerating the need for secure, homegrown energy
- creating opportunities for firms to capture market share in strategic technologies
- supporting UK sectors to be globally competitive and securing a spot on the global stage
- building a reputation as a stable, reliable partner, while also building UK-based capabilities and supply
- giving businesses the tools, knowledge, and support to traverse uncertain and volatile environments
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Related UKRI funded projects
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Why might this be relevant?
The BASE project focuses on developing a digital battery passport to address supply chain issues and promote circular economy, directly related to attracting investment in the UK battery sector.
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Why might this be relevant?
The UK Niche Vehicle Battery Cell Supply Chain project aims to bring battery cell manufacture to the UK, which is partially relevant to attracting investment in the UK battery sector.
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On-shoring Li-Ion battery manufacturing for PAYG productive use in Kenya
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Why might this be relevant?
The project focuses on on-shoring Li-Ion battery manufacturing in Kenya, which is partially relevant to understanding scenarios for the UK battery sector and attracting investment.