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Energy Storage

BMW, Ford back Solid Power’s solid-state batteries

by Melody M. Bomgardner
May 7, 2021 | A version of this story appeared in Volume 99, Issue 17
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Most Popular in Energy

 

This photo shows a Solid Power employee holding up two large rectangular battery cells.
Credit: Solid Power
A Solid Power engineer shows off two solid-state battery cells.

Solid Power has raised $130 million in a second round of funding from BMW, Ford Motor, and Volta Energy Technologies to advance solid-state batteries. Ford and BMW have also extended joint development agreements with the Colorado-based firm. Solid Power says its sulfide solid electrolyte enables cheap, energy-dense battery packs for electric vehicles that are also stable and safe. It plans to use the funds to produce full-scale auto batteries, boost material output, and expand its vehicle integration capabilities.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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