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BMW Group and Solid Power deepen joint development partnership with R&D license and prototype line

Green Car Congress

Under an expanded Joint Development Agreement, BMW Group and Solid Power have added a research and development license as a basis for their common next steps. This license enables BMW to establish an all solid-state battery (ASSB) prototype line in its Cell Manufacturing Competence Center (CMCC) in Parsdorf near Munich.

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Solid Power and BMW deepen joint development partnership with license to cell design and manufacturing know-how

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Solid Power, a developer of all-solid-state battery and sulfide-based electrolyte technology, has deepened its partnership with the BMW Group. Under an expanded Joint Development Agreement, Solid Power has granted the BMW Group a research and development license to Solid Power’s all-solid-state cell design and manufacturing know-how.

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Solid-state battery company Solid Power closes $130M Series B led by BMW, Ford and Volta

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Solid Power, a developer of all solid-state batteries for electric vehicles, announced a $130-million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. BMW and Ford now share leading positions in the race for solid-state battery-powered electric vehicles.

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BMW deploying iX5 Hydrogen pilot fleet

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After four years of development work, the BMW iX5 Hydrogen vehicle and its development project are entering its next phase as the first vehicles enter a pilot fleet of less than 100 vehicles. The BMW iX5 Hydrogen developed on the basis of the current BMW X5 was first unveiled as a concept at the IAA show in 2019.

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BMW Group commences in-house production of fuel cell systems for BMW iX5 Hydrogen in Munich

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BMW has begun fuel cell system production at the company’s competence center for hydrogen in Munich. A small series of BMW iX5 Hydrogen cars will be entering service around the world from the end of this year for test and demonstration purposes. The two companies have been collaborating on fuel cell drive systems since 2013.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

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BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability. The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. —Marcus Behrendt, managing partner, BMW i Ventures.