The solid-state battery provider pulled in funding through a series B round co-led by potential customers BMW and Ford Motor Company.
Automotive manufacturers BMW and Ford Motor Company co-led a $130m series B round for Us-headquartered solid-state battery provider Solid Power with venture capital firm Volta Energy Technologies on Monday. Solid Power has developed rechargeable 20 ampere hour solid-state batteries for use in electric vehicles. It claims they are safer than conventional lithium-ion batteries while producing…
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