A solid-state battery (SSB) technology firm has secured funding for a multimillion-pound project with BMW Group and Williams Advanced Engineering.
Ilika is leading a 24-month, £8.2m Faraday Battery Challenge collaboration programme to integrate high silicon content electrodes into its Goliath solid-state batteries (SSB), in a bid to enable automotive level performance.
The company will receive a grant of £2.8m over the course of the programme – Project HISTORY – which will commence on 1 February 2023.
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.