Electric vehicles are gaining popularity as the world searches for more eco-friendly transportation options. The battery is a fundamental component of any electric vehicle, and solid-state batteries are now seen as a potential game changer in this industry. They offer more energy capacity, charge faster than lithium-ion batteries, and reduce electric vehicle carbon footprint by 40%.
What is a Solid-State Battery and What Sets them Apart from Lithium-Ion Batteries?
Solid-state batteries are electrochemical cells with an anode, cathode, and electrolyte, like any other battery. The main difference between them is the state of the electrolyte. In contrast to lithium-ion batteries, which utilize a liquid electrolyte, solid-state batteries employ a solid electrolyte.
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.