Proactive - Interviews for investors

Ilika's Goliath batteries exceed safety test expectations; CEO discusses implications

Episode Summary

Ilika Plc CEO Graeme Purdy takes Proactive's Stephen Gunnion through the recent successful safety test results of the company's Goliath solid-state battery prototypes. Purdy highlighted that the independent tests, conducted under the SafeBatt program, exceeded expectations, demonstrating the robust performance of Ilika's batteries under extreme conditions. The tests revealed no thermal runaway in Ilika's Goliath prototypes, contrasting with explosions seen in standard lithium-ion cells, making this a significant milestone for battery safety in electric vehicles (EVs). Purdy explained that the implications of these results are far-reaching, particularly for EV design. By reducing the need for heavy battery pack reinforcements, vehicle weight can be lowered, extending the driving range—a key benefit of Ilika’s solid-state technology. The company is now focused on further developing larger batteries and sharing additional data with partners in the coming months. "Solid-state batteries like the ones we're developing are expected to enable a much greater range for passenger vehicles," said Purdy. For more updates on Ilika's progress, make sure to visit Proactive's YouTube channel. Don’t forget to like the video, subscribe to the channel, and enable notifications for future updates. #Ilika #SolidStateBatteries #ElectricVehicles #BatteryTechnology #EVSafety #GoliathBattery #BatteryInnovation #ProactiveInvestors #CleanEnergy #SustainableTech #FaradayInstitution #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews