2024/25 Annual Report

Accelerating research to commercial outcomes

• 26 start-ups supported to October 2025 (via entrepreneurial or industry fellowships, industry sprints or via main project involvement) with 430+ employees and £225 million in subsequent funding founds, follow-on grants and one exit.
• 56 inventions identified, 20 patents filed and 10 published
• 157 patents from 20 countries cite 100 Faraday Institution publications
• 148 UK and 30 international industrial partners

Driving discovery in application-inspired research

• 10 large-scale research projects
• 1,206 high quality scientific publications with 3,000+ authors (42.9% include international partners across nearly 500 institutions, 49 countries and 6 continents). 47.1% in the top 10% of most cited publications
• 6 new concept-to-demonstrator projects in emerging economies

Supporting policy makers through evidence-based insights and analysis

• 22 Faraday Insights
• 17 reports / joint reports
• 14 national consultations
• Secretariat to policy commission on gigafactories
• 217 policy documents from 21 countries cite 62 Faraday Institution publications

Building and convening a world-class research community

• 500+ battery researchers working across 25 UK universities including 3 in the world’s top 10
• 10 visiting fellows
• 12 Battery Ambassadors

Creating and curating a diverse and dynamic pool of talent

• 116 PhD researchers through the Faraday Institution Training Programme
• 72 additional PhD researchers currently affiliated
• 38 PhD internships, one third converted to full time roles
• 89% of the first two PhD cohorts employed in the battery sector
• 359 undergraduate interns
• 14,700+ young people engaged (through the Fully Charged Battery Box programme)

I am honoured to serve the Faraday Institution community, which, with its partners, is translating research priorities into impactful outcomes, benefitting the UK and supporting global change on an international scale”

Professor Sir Steven Cowley, Chair, Faraday Institution

With the Government’s sustained investment comes great responsibility – to maintain a sharp focus on where the UK has science leadership, to deliver research aligned with industrial and global needs, and to maintain a constant sense of urgency, agility and responsiveness to global challenges and developments.”

Professor Martin Freer, CEO, Faraday Institution