Solid Power deepens joint development partnership with BMW Group

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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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