Swiss energy storage system start-up Innolith has unveiled an innovative, multi-purpose battery concept that promises ten-fold the longevity of current lithium-ion (Li-ion) technologies at around one-third the cost-per-cycle.

The design from the Basel-based company, which has its main R&D centre in Bruchsal, Germany, uses an inorganic – rather than a conventional organic – electrolyte, which “radically” improves the durability of the battery and greatly reduces fire-risk linked to overheating.