Understanding solid-state batteries
Since their inception in the 1990s, lithium-ion batteries have seamlessly integrated into our lives, offering portability, longevity, and energy density thanks to their reliable performance, cost-effectiveness, and widespread availability. These batteries typically consist of a graphite anode, a layered oxide cathode, and a separator soaked in an organic liquid electrolyte. These components, combined in various configurations, create the Li-ion battery modules and packs that power our devices and vehicles.
While lithium-ion batteries continue to dominate the energy storage market, they come with limitations, including safety concerns and environmental issues related to their liquid electrolytes. Solid-state batteries have emerged as a promising alternative in response to these challenges.
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.