As we stand on the brink of a new era in technology, the future seems to hold exciting possibilities. One such promising innovation is the solid-state battery, a technological marvel that is poised to revolutionize the energy storage industry. These batteries are anticipated to be the next big thing in the world of electric vehicles (EVs) and portable electronics, offering significant improvements over the current lithium-ion batteries.
The solid-state battery, as the name suggests, replaces the liquid or gel electrolyte found in traditional lithium-ion batteries with a solid one. This fundamental change in structure offers several advantages. Firstly, solid-state batteries are safer. The liquid electrolytes in lithium-ion batteries are flammable and can cause fires if the battery is damaged. Solid electrolytes, on the other hand, significantly reduce this risk.
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.