BMW invests in battery company that could lead to more range and faster charging
BMW has invested in a new startup that is developing high-grade solid-state batteries which are said to have 2-3 times the energy capacity of lithium-ion versions.
BMW has invested in a tech start-up that is manufacturing high-capacity solid-state batteries.
The German car giant wants to use its new partnership with Solid Power to bring powerful new battery cells to its future vehicles
Solid Power is a Colorado-based startup that was founded during a research program at the University of Colorado Boulder.
It claims to have made somewhat of a breakthrough in regards to sold-state batteries.
Currently, the majority of electric cars you see on the roads will be powered by a lithium-ion batteries or a variations of them.
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BMW is not the first car company to invest in sold-state batteries as other manufacturers are reportedly experimenting with the technology.
We’re looking forward to working with BMW on pushing the limits on developments around xEV batteries
Fisker claims it will bring solid-states to the commercial market by 2023 while Hyundai an Toyota look to introduce them by 2020.
Solid Power is reported to have developed a solid-state battery with an energy capacity 2-3 times more than conventional lithium-ion batteries.
The company achieved the breakthrough by incorporating a high-capacity lithium metal anode win lithium batteries.
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Doug Campbell, founder and CEO of Solid Power, commented in a press release:“Since the company’s inception, the Solid Power team has worked to develop and scale a competitive solid-state battery paying special attention to safety, performance, and cost.
“Collaborating with BMW is further validation that solid-state battery innovations will continue to improve electric vehicles.
“We’re looking forward to working with BMW on pushing the limits on developments around xEV batteries.”
Since the company began garnering the attention of BMW and other companies such as A123 Systems it moved to a bigger facility and hired more staff in order to develop and provide prototypes for the technology.
