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Ford, BMW lead $130-million investment in solid-state battery startup

Carmakers are racing to develop EVs amid tightening CO2 emission standards in Europe and China. Solid-state battery technology involves a high-capacity energy storage device that improves on lithium-ion batteries, replacing the liquid or gel-form electrolyte with a solid, conductive material. Among other benefits, the new technology offers more energy density and better safety due to a lack of flammable components. Solid Power has said its technology can deliver 50 per cent more energy density than current lithium-ion batteries. However, solid-state battery technology is more expensive than lithium-ion cell technology. It also must prove it can operate and remain durable in the real world, and must increase its scale to meet industry demand.

Написавшую книгу Меган Маркл обвинили в лицемерии

Вызвавшая своими откровениями грандиозный скандал в британской королевской семье Меган Маркл собирается выпустить в июне детскую книгу об отношениях отцов и детей, вдохновленную стихотворением, которое она написала для принца Гарри после рождения их сына Арчи.

Uber s Business Clouded By Treating Everyone Like Scum

Uber’s Business ‘Clouded’ By Treating Everyone Like Scum Jalopnik 7 hrs ago Raphael Orlove © Photo: Getty Images (Getty Images) Then-senator Kamala Harris attends a union rally with Uber and Lyft drivers in 2019. Harris’ brother-in-law is a higher-up at Uber. Uber is having a hard time getting its side hustle of providing cabs back up and running, but having no trouble with its main business of government grift. All that and more in The Morning Shift for May 4, 2021. 1st Gear: Please Enjoy This Story About Uber Having A Hard Time Finding People To Exploit Who knew that if you ran an entire business treating the people who work for you like garbage, not even giving them the rights of employees, you might have a hard time getting them to come back to work? Please enjoy Reuters reporting on just such a problem for Uber:

BMW and Ford team up for Wunder-Akku

BMW and Ford team up for Wunder-Akku May 4, 2021 by archyde Joint project aims to ensure a rapid breakthrough in solid-state batteries for e-cars. As reported, wants BMW together. The two car manufacturers are participating in the solid-state battery specialist together with an investor Solid Power. With the investment of the three companies totaling 130 million dollars, Solid Power could expand production, said Peter Lamp, responsible for the battery business at BMW. Solid Power did not comment on how highly the startup would be rated after the investment round, in which the investment company Volta Energy Technologies also participated. “ BMW and Ford are thus taking leading positions in the race for electric vehicles that are powered by solid-state batteries“said Doug Campbell, boss and co-founder of Solid Power.

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

Solid-state battery company Solid Power closes $130M Series B led by BMW, Ford and Volta 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. 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. Volta Energy Technologies is a venture capital firm spun out of the US Department of Energy’s Argonne National Laboratory focused on investing in breakthrough energy storage and battery innovations. 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.

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