Faraday CEO: Europe’s LFP gap is a strategic opportunity for the UK
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Faraday CEO: Europe’s LFP gap is a strategic opportunity for the UK
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About this listen
Faraday Institution CEO, Professor Martin Freer, speaks with Chris Welch, reporter for Argus Battery Materials, about the evidence behind the UK Gigafactory Commission’s new report, entitled ‘Britain’s Battery Future’. Freer notes that while the Commission does not favour one chemistry over another, Europe’s lack of LFP manufacturing represents a genuine opportunity for local investment if LFP is to play a role in EVs and grid storage. In the interview, Freer also addresses UK energy costs, the need for an automotive OEM to anchor cell production, and the principles behind “conditional collaboration” with China.
Key topics:
• UK policy shift from “open for business” to active deal making
• Energy cost competitiveness and site readiness
• Conditional collaboration with China
• Linking cathode manufacturing to EV and gigafactory investment