Solid Power deepens joint development partnership with BMW Group

OEM Purchasing

The BMW Group has agreed to pay Solid Power USD 20 million through June 2024, subject to achieving certain milestones

US solid-state battery and sulfide-based electrolyte technology company Solid Power has deepened its partnership with the BMW Group wherein it has granted the research and development (R&D) license to its all-solid-state cell design and manufacturing know-how to the German luxury carmaker, the company announced on 21 December 2022.

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