With the global electrification drive in full swing, electric cars have constantly been improving in terms of mileage, performance, charging time–and costs.
Over the past few years, EV makers have been touting solid-state batteries as the next breakthrough in EV technology, often quoting insane performance and range. Solid-state batteries use a solid electrolyte that can take the form of ceramics, glass, sulfites or solid polymers as opposed to the liquid or polymer gel one found in conventional lithium-ion batteries. Solid-state batteries promise some two to ten times the energy density of lithium-ion batteries of the same size, thanks mainly to the solid electrolyte having a smaller footprint. That means more powerful batteries without extra space, or more compact battery packs without compromising on power, longer-range electric cars, and lighter EVs. They are also expected to charge faster.
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.
