Revolutions in technology quite often happen as a result of one small, yet significant change. Mass produced solid-state batteries will change everything.
The big news about solid state batteries has generally focussed on cars. Indeed solid-state batteries have the potential to utterly revolutionise electric vehicles overnight. According to Market Research Future the solid-state battery industry will be worth 4.3 billion US Dollars by 2027. Once they are an integral part of EV production you can wave goodbye to the combustion engine because electric cars will instantly become more practical and cheaper to run than the alternatives.
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.