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.
Automotive
Reuters exclusively reports Ford and BMW lead $130 million investing round in solid-state battery startup
03 May 2021, 5:41 pm 1 minute
Article Tags
Topics of Interest: Automotive
Type: Reuters Best
Sectors: Equities
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story