Solid-state batteries keep on attracting tremendous attention and investment with the maturing technologies and closeness to mass production. Even with the influence of COVID-19, the potential market size is expected to grow to over $6 billion by 2030, according to IDTechEx’s report “Solid-State and Polymer Batteries 2020-2030: Technology, Patents, Forecasts, Players”.
The market demand for solid-state batteries mainly comes from electric vehicles. Energy storage system, consumer electronics such as smartphones, tablets, laptops are also its targeting markets and the later may come true earlier.
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.
