Solid-state batteries use solid electrolytes, not liquid, which results in a higher energy density than traditional lithium-ion chemistries. After years of development, they promise to be the next big trend in electric vehicle technology.
Benefits include faster charging, greater energy density, longer cycle life and thermal stability. Pilot production lines are starting to emerge and mass-production could start by 2023.
Solid-state batteries come in two types. All-solid-state batteries (ASSB) have no liquid electrolyte. Hybrid solid-state batteries have some liquid electrolyte. Neither type has reached widespread commercial viability. However, automakers and suppliers are scrambling to develop solid-state technology because it holds promise for improving the lithium-ion cells typically used in battery packs.
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.
