Recent gains in solid-state battery technology have led certain major electric vehicle manufacturers to boost funding in the research and development of the new type of lithium-ion battery. Although cost and design challenges have prevented the commercial application of the battery in electric vehicles to date, some automakers have set mid-decade goals for deployment.
Solid-state batteries have captured manufacturers’ attention with the promise of improving the safety, energy density and range of electric vehicles. Instead of the flammable, liquid electrolytes used in conventional lithium-ion batteries, battery cell manufacturers install solid-state batteries with electrolytes in a solid form.
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.