Nissan introduced a solid-state battery prototype production facility on Friday, a key step in the automaker's goal of developing and delivering an EV powered by next-generation battery technology by 2028.
BMW and Ford-backed Solid Power will go public via SPAC merger in $1 2B deal – TechCrunch techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Carmakers are racing to develop EVs amid tightening CO2 emission standards in Europe and China.
Solid-state battery technology involves a high-capacity energy storage device that improves on lithium-ion batteries, replacing the liquid or gel-form electrolyte with a solid, conductive material. Among other benefits, the new technology offers more energy density and better safety due to a lack of flammable components. Solid Power has said its technology can deliver 50 per cent more energy density than current lithium-ion batteries.
However, solid-state battery technology is more expensive than lithium-ion cell technology. It also must prove it can operate and remain durable in the real world, and must increase its scale to meet industry demand.
Ford and BMW invest in solid-state battery startup Solid Power autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.