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Ilika completes US$19M equity placement to support solid-state battery commercialization

Green Car Congress

UK-based Ilika, a developer of solid-state battery technology, successfully completed a £15-million (US$19-million) equity placement to support its growth strategy. Ilika launched its cm-scale Stereax technology for industrial wireless sensors in 2016 and followed up with mm-scale micro-batteries for miniature medical devices in 2019.

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LG Chem to establish new electrolyte production plant in Michigan

Green Car Congress

Granholm announced that LG Chem will establish a new electrolyte production plant in Holland in West Michigan, expanding the state’s battery supply chain. The new electrolyte production plant will be located near LG Chem’s $303-million battery cell plant in Holland which is under construction.

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