Ilika Technologies Ltd - Toyota accelerates battery programme with Ilika

29 Feb 2008

Toyota Motor Corporation (TMC), a global leader in the development and production of hybrid and electric automobiles, has selected Ilika Technologies Ltd to accelerate the development of high performance battery materials.

Innovative, fuel efficient automobiles are using increasingly powerful batteries integrated into the vehicle energy management system. Emissions are reduced through the use of batteries to power the vehicle during parking manoeuvres and low speed, stop start driving conditions in which the traditional internal combustion engine is inefficient. Additional fuel economies are achieved through the use of regenerative braking systems, which recharge the vehicle's batteries with recovered energy which would otherwise be wasted.

"Toyota's vision in creating sustainable transport solutions using leading edge technology and highly efficient manufacturing prctices is an inspiration for Ilika", stated Graeme Purdy, Ilika's CEO. "Our technical team is thriving on the fast-paced interaction with Toyota."

"After careful consideration we have selected Ilika as a partner to accelerate our battery development programme. We see Ilika as an innovative, professionally managed enterprise, on which we can rely to deliver rapid results", stated Mr Okajima, Manager of Toyota's central R&D programme.

Ilika Technologies Ltd is a privately held company established in 2004. Ilika quickly established a reputation for innovation and rapid results in the high growth industry of materials development. The company specializes in the development  and application of high]throughput, combinatorial R&D techniques for the accelerated discovery of new materials.

Contact:

Graeme Purdy, CEO
Ilika Technologies Ltd
+44 23 80111400