BMW and Ford took a big step in EV advancement a few weeks ago, investing in Solid Power, a solid-state battery company. The burgeoning technology is very close to being ready for prime time, and the advantages are many. In theory solid state batteries are lighter, more power dense, and can improve range at a lower cost. Solid Power has already delivered hundreds of production line-produced battery cells.
But we wanted to dig in further to find out what these things really are, and what are the long- and short-term advantages. We know about solid state hard drives. As opposed to traditional drives they’re more stable, less susceptible to jarring, they hold more stuff, and they last longer. We’re hoping solid state batteries do the same.
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.
