Revolutionizing Energy Storage: The Vanguard of Solid State Battery Makers
The race to revolutionize energy storage technology is on, with solid state batteries at the forefront of this charge. Unlike their liquid electrolyte-based counterparts, solid state batteries employ a solid electrolyte, which offers significant advantages in safety, energy density, and longevity. As the demand for more efficient and safer batteries grows, a cadre of pioneering companies is leading the way in bringing this cutting-edge technology to market.
Key Players in the Solid State Battery Arena
One of the most prominent names in the solid state battery industry is QuantumScape, a San Jose-based company backed by Volkswagen, which aims to commercialize its solid state battery technology for electric vehicles (EVs) by 2025. Another major contender is Solid Power, which has partnered with Ford and BMW to enhance the performance of EVs through its innovative battery solutions.
Toyota, a long-time leader in hybrid technology, is also investing heavily in solid state batteries, with plans to introduce this technology in its EV lineup in the early 2020s. Meanwhile, European firm Ilika is developing miniature solid state batteries for use in medical devices and industrial sensors.
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.
