BMW has expanded its partnership with Solid Power, a company that works on the development of solid-state batteries. The German manufacturer had invested in this reality; to exploit this technology on its cars in the future. As we know, and we have talked about it many times, solid-state batteries will significantly improve the range of electric cars and the ability to run. charging time.
Now, according to what's available. According to reports, Solid Power has granted BMW the research and development license to design and manufacture its solid-state cells. More in detail, the German manufacturer intends to duplicate the Solid Power pilot production lines at its plant in Germanyand produce prototype cells based on Solid Power's proprietary technology. Before getting to build the Solid Power cells at its own plant, the technicians of the German brand will work, for a period, side by side with the engineers of the American company, at the Solid Power plants, to optimize cell manufacturing processes.
A partnership which, according to Solid Power, will lead to the to important advantages for both companies given that it will allow the to accelerate the development of solid-state battery technology and solve some production problems. BMW, for the licence, will pay the fee. to Solid Power 20 million dollars by June 2024 but only if certain specific goals are achieved.
Is not serious; It is clear how this new agreement will go; influence Solid Power's relationship with its other partners. We recall, for example, that Ford has also invested in this company. It will be then it is very interesting to discover the results of this collaboration between Solid Power and BMW.
On solid-state batteries, there is a lot of research. certainly a great ferment with many companies that are working on it. However, as we have seen more; Sometimes, the work to be done is too much. still a lot. If technology too will be ready within a couple of years, as some battery manufacturers claim, before the new accumulators can be mass produced it will take several more years.
In 2023 there will certainly be new and important steps forward in the development of this technology. Therefore, all that remains is to wait for the arrival of further news. to better understand when it really will be; such technology is available.
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