The UK has invested heavily in the Faraday Challenge program to develop battery technology

According to foreign media reports, the British government announced a plan called "Faraday Challenge" on July 24, aiming to invest 246 million pounds (about 320 million US dollars) to enhance the country's expertise in developing battery technology.

The project has received strong support from the British government. It was selected because the improvement of battery energy efficiency and renewability may lay the foundation for the UK's low-carbon economy, as batteries can be widely used in cars, aircraft, medical equipment, consumer electronics or grid storage devices, and can also be used for academic research in the UK.

The UK government has invested £2.46 billion to transform the UK into a global leader in battery design, development and manufacturing. The four-year Faraday Challenge will include a competition to develop a "Battery Institute" at a cost of nearly £45 million.

The Faraday Challenge is one of the six core challenge projects jointly identified by the British government, business and academia. To some extent, the plan is the British government’s positive response to a green paper released in 2017, Building our Industrial Strategy, which was supported by major companies, industry bodies and research institutions and received more than 1,900 written responses.

The Faraday Challenge program consists of a series of competitions, with funding for the winners, in three main areas: research and development, innovation and scale-up. The battery institute falls into the research area. A large number of competitions will follow to promote technology development and innovation that is more closely related to the market. Subsequently, a national battery manufacturing R&D facility will be provided to support the expansion, upgrading and application of technology.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.