BMW Group, Solid Power announce strengthened partnership

The BMW Group and Solid Power, an industry-leading developer of all-solid-state battery cells, announced that they have strengthened their partnership under an expanded Joint Development Agreement.

“BMW remains committed to the pursuit of all-solid-state batteries, a technology which we believe has significant potential for the future. We look forward to working even more closely with Solid Power and adding the capability to produce solid-state cells based on Solid Power’s designs at our own pilot facility. We expect this agreement to accelerate the installation of our solid-state prototype line and our companies’ mutual goal of commercializing this promising cell technology,” said BMW Member of the Board of Management Frank Weber.

The agreement adds a research and development license as a basis for their common next steps. This license enables BMW to establish an ASSB prototype line in its Cell Manufacturing Competence Center (CMCC) in Parsdorf near Munich.

Before the completion of the prototype line installation, BMW Group’s personnel will work hand-in-hand with Solid Power to optimize cell manufacturing processes.

“Expanding our relationship with BMW is further evidence that both companies believe in Solid Power’s technology development and the value of solid-state batteries. We look forward to working side-by-side with BMW’s world-class battery team,” said Solid Power Interim CEO, President, and Chair David Jansen.

As a next step in the long-term industrialization time line, Solid Power plans to deliver full-scale automotive cells to BMW Group for testing purposes in 2023.

The first BMW demonstrator vehicle featuring ASSB technology is planned before 2025.

Photos from BMW Group

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