Funded by Ford & BMW, innovative new EV battery with increased range & faster charging

• Solid Power’s pilot manufacturing line has begun producing solid-state EV batteries for internal testing.
• Later this year, the business will begin selling batteries for testing to Ford and BMW.
• If all goes well, mass production might begin as early as 2024.

Solid Power, a Colorado-based battery start-up sponsored by BMW and Ford Motor, announced the start of pilot production of an unique “solid state” battery cell that promises to provide electric vehicle drivers with greater range and shorter recharging times at a lower cost.

The term “solid state batteries” refers to the absence of the liquid or gel electrolyte used in modern lithium-ion batteries. In electric vehicles, they have the potential to provide more range, faster charging times, and a lesser danger of fire than lithium-ion batteries — all appealing attributes that have drew significant investment from automakers in recent years.

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However, for decades, researchers have been unable to develop a solid-state battery design that can withstand years of use in an electric vehicle while also being mass-produced at a reasonable cost. This is projected to change during the next several years.

Solid Power’s endeavor is one of several now ongoing with the goal of bringing solid-state battery cells to market for use in electric vehicles. Its competitors range from public firms like Quantum cape to private initiatives financed by corporations like Toyota.

While other competitors’ ideas will necessitate the use of expensive specialist facilities, Solid Power claims that their batteries can be manufactured using the tooling and processes currently in place in factories producing lithium-ion battery cells.

Solid Power’s pilot production line will create batteries in modest quantities for internal testing while the company refines its battery design and manufacturing approach.

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CEO Doug Campbell stated that the business plans to begin shipping batteries to its automotive partners, BMW and Ford, for testing in prototype vehicles by the end of this year – a critical step in the “validation” process required to supply batteries to manufacturers at scale.

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