The funding is being offered under the UK’s Faraday Battery Challenge, which is seeking to develop ultra-fast charging electric car batteries to support the country’s wider transition towards electric vehicles.
Ilika plc (LON:IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade, including in automotive, aeronautical and electronic components sectors. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.
