Solid-state batteries promise to prove safer and longer lasting than conventional batteries. Now companies suggest they may commercialize solid-state batteries in the next five years for use in electric “hypercars” and power grids.
Conventional batteries supply electricity via chemical reactions between two electrodes, the anode and cathode, which typically interact through liquid or gel electrolytes. Solid-state batteries instead employ solid electrolytes such as ceramics.
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.