The battery that promises to change the EV industry

Tesla has passed the trillion-dollar valuation mark. Lucid just rolled out its first cars with 500-plus miles of driving range. Rivian just had the biggest initial public offering (IPO) since Facebook. Every legacy automaker — from Ford, to GM, to Volkswagen — is investing tens of billions of dollars into electrifying their fleets.

The EV Revolution has arrived. But here’s the thing: The EV Revolution won’t go mainstream until we make better batteries.

Insert the solid state battery.

With solid-state batteries, the name pretty much says it all. Take the liquid electrolyte solution in conventional batteries. Compress it into a solid. Create a small, hyper-compact solid battery that – because it has zero wasted space – lasts far longer and charges far faster.

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.

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