Its aim is to accelerate the UK’s ability to deliver the supply chains required to enable electrification in the automotive, aerospace, energy, industrial, marine, off highway and rail sectors.
There is up to £19 million from the Industrial Strategy Challenge Fund to invest in projects that support the creation, development and scale-up of supply chains in power electronics, machines and drives.
Projects must address opportunities in one or more sectors
The competition aims to develop a UK supply chain in power electronics, machines and drives by supporting innovative ways of filling in gaps in the supply chain or of scaling up existing supply chains.
Projects should address commercial opportunities in one or more of these sectors:
energy generation and distribution
industrial (production equipment)
off highway (construction, agricultural equipment)
Examples that projects might include:
power electronics: passive components production, productivity improvements and supply chain efficiency such as solutions that address solving supply chain bottle necks or automation
electric machines, generators and motors: automated stator winding, materials recovery from end of life, raw materials refining, stamping and lamination stack productivity improvements, advanced testing
drive systems: systems integration and testing
projects that consider supply chain gaps, from raw materials to recycling
The competition has 2 strands:
one for larger projects with total costs between £1 million and £3 million
another for smaller projects with total costs between £250,000 and £1 million