The US American battery startup Solid Power has been awarded up to $12.5 Million to develop nickel- and cobalt-free solid-state battery cells. Additionally, the company has unveiled cell safety and performance data.
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The US solid-state battery specialist Solid Power, backed by Ford and BMW, has announced a second production facility in Thornton in the US state of Colorado. The main purpose of the plant is to produce solid electrolyte material.
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US solid-state battery specialist Solid Power, backed by Ford and BMW, announces its IPO. For the targeted listing on Nasdaq under the ticker symbol SLDP, Solid Power is merging with SPAC company Riverstone Holdings LLC’s Decarbonization Plus Acquisition Corporation III.
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US battery specialist Solid Power has released more details on its solid-state battery platform, which enables three different battery designs. It is promised that the costs for the active cathode material can be reduced by up to 90 per cent.
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BMW and Ford continue to invest in solid-state batteries. Together with Volta Energy Technologies, both carmakers have participated in a $130Mn investment round of the US solid-state battery specialist Solid Power. The two carmakers are to receive 100 Ah cells for validation tests in 2022.
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U.S. battery specialist Solid Power has now entered into a partnership with Ford to develop solid state batteries for next generation electric vehicles. The company had also entered into a similar cooperation with BMW at the end of 2017.
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BMW has partnered with Solid Power to develop the next-generation EV batteries together. While the carmaker hopes for more range, the start-up wants help to scale up its technology to performance applications.
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