Solid Power has grown rapidly since it was established in 2012 as a spin-out company from the University of Colorado. The battery developer recently moved into a new facility in Louisville, Colorado that will triple its footprint.
Now the company has announced a partnership with the BMW Group to develop its solid-state batteries for EV applications. The new facility will enable Solid Power to deliver commercial-quality battery prototypes.
Solid Power’s solid-state batteries are comprised of proprietary inorganic materials, and contain no volatile or flammable components. According to the company, the technology has great potential to provide BMW’s EVs with increased driving range and a battery with a longer shelf life that can withstand high temperatures.
“Since the company’s inception, the Solid Power team has worked to develop and scale a competitive solid-state battery, paying special attention to safety, performance, and cost,” said Doug Campbell, founder and CEO of Solid Power. “Collaborating with BMW is further validation that solid-state battery innovations will continue to improve electric vehicles.”