Studies show that Electric vehicles could become a vital asset for California grid operators who are struggling to bring more renewables online. The state’s rapid adoption of solar power is contributing to a problem known as the “duck curve” — a deep dip in demand during solar-saturated midday hours, followed by a steep ramp in the evening as solar power fades away.
Ilika plc (LON: IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade, including in automotive, aeronautical and electronic components sectors. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.