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May 3, 2021
Ford and BMW will own equal shares of the Colorado-based solid-state battery start-up.
May 3, 2021
Solid Power makes so-called solid-state batteries, which dont use the liquid electrolyte found in the conventional lithium-ion batteries currently used to power most electric vehicles. The batteries can be lighter, with greater energy density that provides more range at a lower cost. But they are currently more costly than lithium-ion batteries and early in development. Under the new agreement, Ford and BMW will receive automotive-capable battery cells from Solid Power for testing and integrati...
May 3, 2021
Why Ford’s New Partnership With Solid-State Battery Manufacturer Could Be A Game Changer Ford boosts investment in Solid Power for further development of solid-state vehicle battery technology, aiming to deliver longer range, lower cost and safer electric vehicles for customers. Ford’s newest Solid Power investment is in addition to the company’s previously announced $22 billion global investment in connected, electrified vehicles through 2025. Advertisement How much range does that EV ha...
May 3, 2021
Solid Power Will Power BMW And Ford With Its Solid-State Cells May 03, 2021 at 1:53pm ET ++ Volta Energy is another company investing in Solid Power to use its batteries. Nikkei Asia, but these solid-state cells will be only for wearables. Solid Power and QuantumScape are the strongest names around. While Volkswagen backs the latter, we learned this May 3 that BMW and Ford are willing to use Solid Power’s solid-state cells in their cars. The automa...
May 3, 2021
Solid Power filed a Form D with the U.S. Securities and Exchange Commission late last year indicating that it planned to raise capital indefinitely. “Solid-state battery technology is important to the future of electric vehicles, and that’s why we’re investing directly,” Ted Miller, Ford’s manager of electrification subsystems and power supply research, said in a statement. “By simplifying the design of solid-state versus lithium-ion batteries, we’ll be able to increase vehicle ra...
April 25, 2021
Latest research on Global Next-Generation Advanced Batteries Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Next-Generation Advanced Batteries market. this report included a special section on the Impact of COVID19. Also, Next-Generation Advanc...
April 15, 2021
Volkswagen The cost of lithium-ion batteries has been dropping, but theyre still expensive. Startups with alternatives to the stalwart technology are starting to see more funding. These companies will have to prove their technology can replace traditional lithium-ion tech at scale. As Ford, Volkswagen, General Motors, Tesla, and the rest of the auto industry denizens prepare an onslaught of electric vehicles for the coming decades, they face a problem as stubborn a...
February 24, 2021
Can solid state batteries power up for the next generation of EVs? Lithium-ion batteries power almost every new phone, laptop and electric vehicle. But unlike processors or solar panels, which have improved exponentially, lithium-ion batteries have inched along with only incremental gains. For the last decade, developers of solid state battery systems have promised products that are vastly safer, lighter and more powerful. Those promises largely evaporated into the ether — leaving behind a va...
February 12, 2021
With automakers racing to roll out a bevy of new electric vehicles, the battery market is booming. The market, projected to be worth $129 billion by 2027, is dominated by the likes of LG Chem. Insider asked the CEOs of three top battery startups about how they plan to take advantage. With the worlds automakers promising a mass shift to zero-emissions driving in the coming decades, the increasingly lucrative battery market is poised to reward not just established players like Panasonic and LG ...
February 12, 2021
A fumbled layoff hurt morale at Exxon, and it could hinder the oil giants recovery Benji Jones Welcome to Insider Energy, a weekly energy newsletter brought to you by Business Insider. Heres what you need to know: Want to get Insider Energy in your inbox every Friday?Sign up here. You can reach me at bjones@businessinsider.com. I welcome feedback and story tips. Join us: On March 8 were hosting a virtual roundtable on building a clean energy economy. You can registe...