BMW Group Strengthens Leadership Position in Battery Technology with Investment in Solid-State Innovator Solid Power 03.05.2021: - Taking a successful Joint Development effort to the next level - 20 ampere hour (Ah) multi-layer all solid-state batteries in production - 100 Ah cells for automotive vehicle integration in 2022 - Automotive-compatible all solid-state batt

- Taking a successful Joint Development effort to the next level

- 20 ampere hour (Ah) multi-layer all solid-state batteries in production

-  100 Ah cells for automotive vehicle integration in 2022

-  Automotive-compatible all solid-state battery by the end of the decade

– BMW demonstrator vehicle well before 2025




Solid Power, an industry-leading producer of all solid-state batteries for electric vehicles, today announced a $130 million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. Ford and the BMW Group have also expanded existing joint development agreements with Solid Power to secure all solid-state batteries for future electric vehicles.



The investment positions Solid Power to produce full-scale automotive batteries, increase associated material output and expand in-house production capabilities for future vehicle integration. The BMW Group and Ford aim to utilize Solid Power’s low-cost, high-energy all solid-state battery technology in forthcoming electric vehicles.



“BMW and Ford now share leading positions in the race for solid-state battery-powered electric vehicles,” said Doug Campbell, CEO and co-founder of Solid Power. “Solid Power now plans to begin producing automotive-scale batteries on the company’s pilot production line in early 2022 as a result of our partners’ continued commitment to Solid Power’s commercialization efforts.”



Solid Power has demonstrated its ability to produce and scale next-generation all solid-state batteries that are designed to power longer range, lower cost and safer electric vehicles using existing lithium-ion battery manufacturing infrastructure.



Solid Power’s leadership in all solid-state battery development and manufacturing has been confirmed with the delivery of hundreds of production line-produced battery cells that were validated by Ford and BMW Group late last year, formalizing Solid Power’s commercialization plans with its two long-standing automotive partners.



“Solid-state battery technology is important to the future of electric vehicles, and that’s why we’re investing directly,” said Ted Miller, Ford’s manager of Electrification Subsystems and Power Supply Research.



“By simplifying the design of solid-state versus lithium-ion batteries, we’ll be able to increase vehicle range, improve interior space and cargo volume, deliver lower costs and better value for customers and more efficiently integrate this kind of solid-state battery cell technology into existing lithium-ion cell production processes.”



“Being a leader in advanced battery technology is of the utmost importance for the BMW Group. The development of all solid-state batteries is one of the most promising and important steps towards more efficient, sustainable, and safer electric vehicles. We now have taken our next step on this path with Solid Power,” said Frank Weber, Member of the Board of Management BMW AG, Development.


“Together we have developed a 20 Ah all solid-state cell that is absolutely outstanding in this field. Over the past 10 years BMW has continuously increased the battery cell competence– important partners like Solid Power share our vision of a zero-emission mobility.”



Solid Power is currently producing 20 ampere hour (Ah) multi-layer all solid-state batteries on the company's continuous roll-to-roll production line, which exclusively utilizes industry standard lithium-ion production processes and equipment.



Both Ford and the BMW Group will receive full-scale 100 Ah cells for automotive qualification testing and vehicle integration beginning in 2022. Solid Power’s all solid-state platform technology allows for the production of unique cell designs expected to meet performance requirements for each automotive partner. Solid Power’s truly all-solid cell designs achieve higher energy densities, are safer and are expected to cost less than today’s best-performing lithium-ion battery cells.



“Volta invested early in Solid Power when our team of energy and commercialization experts found they had not only promising technology, but also a fundamental focus on manufacturability. After all, a breakthrough battery will not find a place in the market if it can't be produced at scale with acceptable costs,” said Dr. Jeff Chamberlain, CEO of Volta Energy Technologies, a venture capital firm spun out of the U.S. Department of Energy’s Argonne National Laboratory focused on investing in breakthrough energy storage and battery innovations.


“The fact that Solid Power is already producing multi-layer all solid-state batteries using industry-standard automated commercial manufacturing equipment is why Volta is excited to ramp up its earlier investment. The company's partnership with BMW and Ford will further accelerate the full commercialization of Solid Power’s batteries and position both car companies to be among the first to have EVs on the road powered by safer, affordable, high-energy solid-state batteries.”



end of joint new from all partners involved




For the BMW Group, it is clear that high-performance and sustainable energy storage systems are the key success factor for the individual mobility of the future. The development of highly innovative and sustainable battery cells is therefore one key element of the next phase of transformation of the BMW Group.



The BMW Group is accelerating its development for the battery technology of the future: This goal is also reflected in the Neue Klasse, which the BMW Group first presented at its annual conference in March. This new generation of vehicles, which will be launched by the middle of this decade, will be uncompromisingly electric, digital, circular – and clearly focused on all-electric drivetrains.



With the Neue Klasse, the BMW Group aims at the level of state-of-the-art internal combustion engines in terms of range and manufacturing costs. Therefore, electric mobility "engineered by BMW" is intended to appeal to and convince new groups of buyers worldwide. For this sixth generation of BMW e‑drive technology, featuring the next level of Lithium-Ion batteries, the company evaluates correspondingly different cell formats, cell chemistry and also cell modules in the current development phase. A key goal is to create truly green, low-carbon and recyclable batteries.






Solid-state battery for serial use – demonstrator vehicle well before 2025



However, the BMW Group with its extensive in-house expertise in the complete value chain of electric drive for years, is already planning further into the future beyond this next generation:



By the end of the decade, the energy density of battery cells is expected to increase by at least a mid-double-digit percentage range – from an already high level today.



The battery cell of the future will be powerful, safe, cost-effective, and recyclable - from material selection to recyclability after the use in the vehicle. For the end of the decade the BMW Group has announced an automotive-compatible all solid-state battery for series production. A first demonstrator vehicle featuring this technology will be on the road well before 2025.




Bernhard Ederer,  photo BMW