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Solid Power

Solid-state battery maker picks up $130 million investment

US based battery company Solid Power announced that it has received $130 million in new funding from investors including Ford and BMW. With this backing, the company plans to begin pilot scale production of solid-state lithium-ion batteries suitable for electric vehicles early next year.

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Scaling up solid-state batteries

U.S. battery developer Solid Power has begun pilot production of lithium metal all solid-state batteries at its Colorado facility. The company says it has also sent out prototype battery cells for independent evaluation, and expects to begin formal testing to qualify its batteries for integration into electric vehicles by early 2022.

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