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Posts Tagged: Solid Power

Solid Power partners with SK Innovation to produce solid-state batteries

Solid Power has partnered with SK Innovation to manufacture automotive-scale all-solid-state batteries using Solid Power’s sulfide-based solid electrolyte, proprietary cell designs and production processes. SK Innovation has also agreed to invest $30 million in Solid Power. The two companies will cooperate on cell development, validation and production in order to enable Solid Power to deliver… Read more »

Solid Power says safety tests show its solid-state battery tech is safer than current chemistries

Colorado-based Solid Power, a solid-state battery specialist that has backing from Ford and BMW, says recent third-party safety tests demonstrate that its battery cells, which use a sulfide-based solid electrolyte, are safer than current lithium-ion cells, which use a liquid or gel electrolyte. The tests aimed to simulate abuse and damage to Solid Power’s prototype… Read more »

Solid Power to build new solid-state battery plant in Thornton, Colorado

Solid Power, a producer of all-solid-state EV batteries, plans to build a second Denver-area production facility in Thornton, Colorado. The new plant will expand Solid Power’s capacity to produce materials for its battery cells, including the ability to produce up to 30 metric tons of sulfide-based solid electrolyte material annually—a 25x throughput increase over current… Read more »

Umicore buys a stake in solid-state battery developer Solid Power

Umicore has announced that it holds a stake in solid-state battery specialist Solid Power, following Solid Power’s announcement of its intent to become a publicly listed company. Umicore built its stake through earlier Series A and B investment rounds.  Solid Power also counts Ford, BMW, Hyundai and Samsung among its investors. The company claims that… Read more »

Solid Power unveils all-solid-state platform technology

Solid Power, a producer of all-solid-state EV batteries, has unveiled details of its all-solid-state platform technology and the three battery designs it enables. The company also announced the transition of its high-content silicon all-solid-state battery to its Colorado-based production line. Solid Power’s proprietary sulfide solid electrolyte powers the all-solid-state platform, which can enable both high-content… Read more »

BMW and Ford invest in solid-state battery startup Solid Power

Solid Power, a producer of solid-state EV batteries, has announced a $130-million Series B investment round led by the BMW Group, Ford and Volta Energy Technologies. Ford and BMW have also expanded existing joint development agreements with Solid Power to secure all-solid-state batteries for future EVs. “BMW and Ford now share leading positions in the… Read more »

Solid Power introduces all-solid-state lithium metal batteries

Solid Power has announced the production and delivery of the company’s first-generation multi-layer, multi-ampere-hour (Ah) all-solid-state lithium metal batteries.  Solid-state batteries have long been thought of as the “Holy Grail” of EV battery technology, as the lithium metal anode provides more energy and range than today’s Li-ion design, and the solid electrolyte increases safety by… Read more »

Solid Power receives investment from Ford, says it’s ready for production in Q2 2019

Solid Power, a spin-out company of the University of Colorado, has partnered with Ford to continue development of its all-solid-state batteries (ASSBs) for EVs. The partnership will focus on further developing ASSBs towards automotive requirements. The partners will use Solid Power’s fully automated, roll-to-roll production facility, which the company says will be fully operational in… Read more »

Solid Power announces $20 million in Series A funding

Colorado-based Solid Power, a manufacturer of all solid-state batteries (ASSB), has secured $20 million in a Series A investment round. Investors include Hyundai CRADLE, Samsung Venture Investment, Sanoh Industrial, Solvay Ventures, and A123 Systems. Solid Power will use the new funds to scale up production via a multi-MWh roll-to-roll facility, which is to be built… Read more »

BMW partners with Solid Power to develop solid-state batteries

Solid Power has grown rapidly since it was established in 2012 as a spin-out company from the University of Colorado. The battery developer recently moved into a new facility in Louisville, Colorado that will triple its footprint. Now the company has announced a partnership with the BMW Group to develop its solid-state batteries for EV… Read more »