Solid-state batteries will offer an improvement in safety, power output, energy density, and cost-efficiency compared to traditional lithium-ion batteries. They will be a major factor in the expansion of the electric car market and the increase in popularity of electric cars. With the steady advances the technology behind solid-state batteries has been making, it is expected to become available commercially before the year 2030.
The main benefit of solid-state batteries compared to conventional lithium-ion is they have significantly more energy density. This will allow vehicles to travel farther on one charge and have a greater range – up to 600 miles in some cases.
Ilika plc (LON:IKA) is a pioneer in solid state battery technology enabling solutions for applications in Industrial IoT, MedTech, Electric Vehicles and Consumer Electronics.
