“Range anxiety” continues to be the biggest barrier to the largescale adoption of Electric Vehicles (EVs).
However, ongoing and significant improvements in battery technology will pave the way for an installed EV base of 100 million by 2028, according to global tech market advisory firm, ABI Research
To alleviate “range anxiety”, the Electric Vehicle Battery (EVB) will need to safer, cheaper, faster charging, and have a high-energy density for greater range. Continued advancements in cell technology will ease anxiety and allow EVs to gain traction substantially.
Ilika plc (LON:IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.
