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AutomotiveTechnology

Reuters exclusively reports Ford and BMW lead $130 million investing round in solid-state battery startup

Reuters exclusively reported that Ford Motor Co and BMW AG  are leading a $130 million funding round in a solid-state battery startup, Solid Power, as carmakers push to lower the cost of electric vehicles by investing in the development of affordable but powerful rechargeable batteries, the companies told Reuters.

Article Tags
Topics of Interest: AutomotiveTechnology
Type: Reuters Best
Sectors: EquitiesTechnology
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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