Ilika plc Toyota brings AI into accelerated materials discovery with Ilika

Ilika plc
[shareaholic app="share_buttons" id_name="post_below_content"]

On March 9th Ilika plc (LON:IKA) announced a $1m deal with its established blue chip partner Toyota Motor Corp (TYO:7203) in ‘a new application area’. Yesterday’s RNS reveals, via an announcement from the Toyota Research Institute (‘TRI’), that the new area is the application of artificial intelligence (‘AI’) to rapid materials discovery. TRI is investing $35m over four years with Ilika, and a handful of world-class R&D institutions, which includes Stanford and MIT, to incorporate AI into materials discovery. The goal of the program is to significantly accelerate the process further, and increase the number of materials made, thus increasing the number of new improved materials discovered. As the world’s largest automotive company, Toyota’s key initial target areas are advanced materials for battery and fuel-cell catalysts, which improve performance and reduce emissions. Toyota targets reducing its new vehicle emissions by 90% by 2050. TRI was established in 2015 and is wholly owned by Toyota North America. Ilika is the only project partner cited outside the USA.

* A blue chip endorsement of Ilika’s world-class materials R&D status. For Ilika to be selected by the Toyota Research Institute as the only non-US project partner alongside world-class institutions of the caliber of Stanford and MIT, is testament to the high quality of Ilika’s materials discovery and R&D capabilities. It also gives positive insight into the depth of Ilika’s on-going relationship with Toyota.

Share on:
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

Ilika’s Goliath battery scale-up signals EV breakthrough

Ilika's breakthrough in scaling its Goliath solid-state battery technology signals a game-changing advancement for electric vehicle efficiency and sustainability.

Ilika’s Goliath prototypes win OEM validation

Ilika plc has confirmed its P1 Goliath solid-state battery prototypes meet specifications, showcasing significant progress in testing and commercial viability.

Ilika’s solid-state battery breakthrough positions UK as EV powerhouse

Ilika is leading the UK's electric vehicle evolution with innovative solid-state battery technology, presenting lucrative investment opportunities in a fast-growing market.

UCL and Ilika unite to advance greener solid-state battery technology

Ilika and UCL are reimagining solid-state battery technology, focusing on safer, cleaner energy storage solutions to advance next-generation innovations.

Why solid-state safety could be the key to next-gen EV dominance

Electric vehicles are on the verge of a breakthrough in battery safety. Discover how solid-state batteries like Ilika's Goliath are leading this vital transformation.

Ilika Plc Industrial-Scale Goliath Batteries Show Power Boost and Higher Yields (Video)

CEO Graeme Purdy shares how the company’s Goliath prototype cells—produced at the UK Battery Industrialisation Centre—have outperformed their pilot line predecessors

Search

Search