Solid Power, a producer of all solid-state batteries for electric vehicles, announced a 130 million USD Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies.<\/p>\n
Ford and the BMW Group have also expanded existing joint development agreements with Solid Power to secure all solid-state batteries for future electric vehicles.<\/p>\n
The investment positions Solid Power to produce full-scale automotive batteries, increase associated material output and expand in-house production capabilities for future vehicle integration. The BMW Group and Ford aim to utilize Solid Power\u2019s low-cost, high-energy all solid-state battery technology in forthcoming electric vehicles.<\/p>\n
\u201cBMW and Ford now share leading positions in the race for solid-state battery-powered electric vehicles,\u201d said Doug Campbell, CEO and co-founder of Solid Power. \u201cSolid Power now plans to begin producing automotive-scale batteries on the company\u2019s pilot production line in early 2022 as a result of our partners\u2019 continued commitment to Solid Power\u2019s commercialization efforts.\u201d<\/p>\n
Solid Power\u2019s leadership in all solid-state battery development and manufacturing has been confirmed with the delivery of hundreds of production line-produced battery cells that were validated by\u00a0Ford and BMW Group\u00a0late last year, formalizing Solid Power\u2019s commercialization plans with its two long-standing automotive partners.<\/p>\n
Solid Power is currently producing 20 ampere hour (Ah) multi-layer all solid-state batteries on the company’s continuous roll-to-roll production line, which exclusively utilizes industry standard lithium-ion production processes and equipment.<\/p>\n
Both Ford and the BMW Group will receive full-scale 100 Ah cells for automotive qualification testing and vehicle integration beginning in 2022. Solid Power\u2019s all solid-state platform technology allows for the production of unique cell designs expected to meet performance requirements for each automotive partner.<\/p>\n","protected":false},"excerpt":{"rendered":"
Solid Power, a producer of all solid-state batteries for electric vehicles, announced a 130 million USD Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. Ford and the BMW Group have also expanded […]<\/p>\n","protected":false},"author":2,"featured_media":9806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[48,54,24],"tags":[],"_links":{"self":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts\/9803"}],"collection":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/comments?post=9803"}],"version-history":[{"count":1,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts\/9803\/revisions"}],"predecessor-version":[{"id":9807,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/posts\/9803\/revisions\/9807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/media\/9806"}],"wp:attachment":[{"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/media?parent=9803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/categories?post=9803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.automotive-today.ro\/index.php\/wp-json\/wp\/v2\/tags?post=9803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}