On May 3, Ford and BMW led a $130 million round of fundraising for Solid Power, a solid-state battery startup, betting on the future of the power battery market. Ford had also participated in Solid Power’s A-round financing.
This financing will be used to expand Solid Power’s automobile battery production scale to achieve integration with customer vehicles in the future. At the end of last year, Ford and BMW verified the battery cells produced by hundreds of production lines of Solid Power, officially confirming their commercial cooperation plan with Solid Power.
Meanwhile, Doug Campbell, CEO and co-founder of Solid Power, stated that they plan to try mass production of solid-state power batteries in early 2022.
Solid Power’s all-solid-state platform technology can meet the
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