INTERVIEW: Ilika plc Starts multi-million MoSESS project

Ilika plc (LON:IKA) CEO Graeme Purdy talks to DirectorsTalk about the start of its MoSESS project. Graeme explains the differences between the two multi-million projects, other opportunities, how Goliath stands relative to the competition, competing against the large companies and looking forward what we can expect from the company.

Ilika plc announced that the project objective is to develop and integrate into a vehicle a fast-charging and high-power battery system based on advanced cell technology from Ilika and A123 Systems. It will deliver a simpler cooling system and an optimised crash structure for the battery as well as reduced charging time and weight. The project will deliver a significant increase in technology and manufacturing readiness levels, together with an innovative modular battery to allow the final integration into a demonstrator. This project will unlock the possibility of delivering a mobility solution that matches the usability provided by conventional vehicles today, meets consumer expectations and accelerates the uptake of hybrid and electric vehicles.

This project will be led by McLaren Automotive involving Ilika, A123 Systems and the Warwick Manufacturing Group.

Further to the RNS issued on 13th June 2018, the company confirms it will receive a £1.8m contribution towards its costs, which represents a reimbursement rate of 70% from Innovate UK. This funding is in addition to the £2.3m of Innovate UK funding IKA will receive to support its role in the Powerdrive Line collaboration, which commenced in October 2018. The total of £4.1m of funding has been allocated from the £22m committed to Round 2 of the Faraday Battery Challenge Competition.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Ilika Plc

More articles like this

Ilika plc

Ilika at MOVE 2024: Battery Tech & Supply Chain

MOVE is the world’s number 1 tech mobility event, bringing together the people and companies redefining mobility. MOVE connects the entire ecosystem focused on tech, business models and sustainable futures. Leaders and visionaries from across the mobility

Ilika plc

Fast-charging of micro-batteries using directive ultrasound

A collaborative technical note by Ilika and Piezo Energy Technologies Solid state batteries are rechargeable lithium-ion batteries (LIB) where the liquid electrolyte has beenreplaced by a solid ceramic material. Because SSB do not include a liquid,

Ilika plc

Ilika at Battery Thermal Management Innovation Summit

Event Name: Battery Thermal Management Innovation Summit Ilika at the show: Denis Pasero will be on a panel discussing Revolutionising Electric Vehicles: Unleashing the Potential of Solid State Batteries on Wednesday 24 April at 17:00 Date:

Ilika plc

Ilika updates on HISTORY program

“Consortium of UK companies, universities and one government catapult join forces to develop a very British solid state battery for electric vehicles”. This was the kind of headlines you could read 12 months ago, at the

Ilika plc

Ilika Stereax & Goliath on the pathway towards commercialisation

Ilika plc (LON:IKA), a pioneer in solid-state battery technology, has announced its unaudited half-year report for the six months ended 31 October 2023. Operating Highlights: During the period, significant progress has been made with both Ilika’s thin-film

Ilika plc

Ilika at the NANS Annual Meeting

Ilika at the show: Ilika will be on the Cirtec Medical booth #505 Date: 18th Jan 2024 – 21st Jan 2024 Location: Las Vegas, USA NANS was formed in 1994 through the efforts of a group of neuromodulators 

Ilika plc

Ilika, an APC Success Story

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.