Richard Butler Creagh: Electric Vehicles Help to Tackle Climate Change
06:49Richard Butler Creagh on Electric Vehicle
Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. Richard Butler Creagh has been in property development and is interested in fighting climate change too.
Electric vehicles could soon be cheaper to run and faster to charge thanks to research into the next generation of battery tech. Six British universities have won a £55m grant from the Faraday Institution to research how to make it more efficient to power eco-friendly cars in a bid to make them more compelling and affordable. The money will go towards the development of the next generation of lithium-ion batteries, with powerful new electrodes designed to unlock their full potential.
Researchers say using different materials could be used to make so-called "smart electrodes", which will be arranged with greater precision and provide greater performance benefits. Advancements in this field have been described as a vital part of the electric car industry in the UK, with the government has pledged to cut greenhouse gas emissions to close to zero by 2050.
The research funding has been welcomed by the government, with business minister Nadhim Zahawi saying it would help deliver a "brighter, cleaner future on our roads". He said the government remained committed to all cars and vans being effectively zero-emission by 2040.
Electric vehicles could soon be cheaper to run and faster to charge thanks to research into the next generation of battery tech. Six British universities have won a £55m grant from the Faraday Institution to research how to make it more efficient to power eco-friendly cars in a bid to make them more compelling and affordable. The money will go towards the development of the next generation of lithium-ion batteries, with powerful new electrodes designed to unlock their full potential.
Researchers say using different materials could be used to make so-called "smart electrodes", which will be arranged with greater precision and provide greater performance benefits. Advancements in this field have been described as a vital part of the electric car industry in the UK, with the government has pledged to cut greenhouse gas emissions to close to zero by 2050.
The research funding has been welcomed by the government, with business minister Nadhim Zahawi saying it would help deliver a "brighter, cleaner future on our roads". He said the government remained committed to all cars and vans being effectively zero-emission by 2040.
Richard Butler Creagh is the founder of Henley Finance, a short-term bridging finance company specialising in loans between three months to a year, of between £100,000 to £1,000,000 for the professional property developer and commercial real estate financing products to businesses of all sizes. Richard Butler Creagh is also interested in solving climate change. Learn more about Richard Butler Creagh here. Keep up to date with what people say and what you need know about climate change on the Richard Butler Creagh Facebook page here. You can read the latest Richard Butler Creagh news here.
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