Just like most everyone else in the Industry, BMW is jumping into the solid-state battery game. The company is teaming up with the battery developing company Solid Power to bring its battery technology to electric vehicles (EV).
Established in 2012, Solid Power is a spin-out from the University of Colorado Boulder. The company is known for manufacturing solid-state rechargeable batteries. The solid-state battery technology is basically a high capacity energy storage device that replaces the liquid or gel-form electrolyte with a solid, conductive material, offering advantages over today’s lithium-ion batteries. Besides, it offers better safety and less chance of fire and explosion when used in electric vehicles.
“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. We’re looking forward to working with BMW on pushing the limits on developments around xEV batteries.”
As I said earlier, BMW isn’t the only company planning to use solid-state batteries in its electric vehicles. Toyota is already planning to roll out an EV in the early 2020s, powered by solid-state batteries. Also, companies like Fisker, Google are looking to develop the technology and finally integrate them into their products.