Since their invention in the 1990s, lithium-ion batteries have seamlessly integrated into our daily lives, boasting advantages like lightweight design, compact dimensions, extended lifespan and impressive energy density. The typical Li-ion cell core structure comprises a graphite anode and a layered oxide cathode, coated onto current collectors and separated by a separator soaked in organic liquid electrolyte. Available in pouch, prismatic or cylindrical configurations, these cells collectively shape Li-ion battery packs, acting as a foundation for numerous applications.
The comparatively high performance, low cost and wide availability make Li-ion batteries preeminent energy storage technology for a wide range of applications, from electronic devices and electric vehicles to sizable stationary energy storage systems. Given their prominent position, it is unlikely that Li-ion batteries will be superseded within the next 10 years. Nevertheless, due to their performance limitations, and environmental and supply chain concerns, developments and innovations continue to be made for next-generation battery technologies.
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.
