
Under an expanded Joint Development Agreement, Solid Power has granted the BMW Group a research and development license to Solid Power’s all-solid-state cell design and manufacturing know-how.. Under an expanded Joint Development Agreement, Solid Power has granted the BMW Group a research and development license to Solid Power’s all-solid-state cell design and manufacturing know-how.. BMW intends to duplicate Solid Power's pilot production lines at its own facility in Germany and produce prototype cells based on Solid Power’s proprietary technology. . Under an expanded Joint Development Agreement, Solid Power has granted the BMW Group a research and development license to Solid Power’s all-solid-state cell design and manufacturing know-how. The broadened relationship provides significant benefits to both companies, including conducting. . This morning, Solid Power announced that long-time investor BMW Group is expanding an existing joint development agreement to license its technology in order to build its own solid-state batteries in Germany. Under the agreement, BMW will gain access to Solid Power’s battery research and. [pdf]
Under the agreement, BMW will gain access to Solid Power’s battery research and development, cell design, and manufacturing expertise to expedite the technology alongside its partner. That being said, Solid Power isn’t licensing all of its technology.
BMW, an investor in Solid Power, already has an agreement to receive finished battery cells. Solid Power, which went public in December last year, is among a group of companies trying to create next-generation batteries for electric vehicles, aiming to solve some issues related to lithium-ion batteries that are currently is use.
This morning, Solid Power announced that long-time investor BMW Group is expanding an existing joint development agreement to license its technology in order to build its own solid-state batteries in Germany.
By gaining a license to Solid Power’s research and development, cell design, and manufacturing practices, BMW Group intends to duplicate Solid Power’s pilot production line at its own facility in Germany in order to produce prototype batteries cells of its own.
To do so, the BMW Group will develop innovative production processes and systems, which will then be installed at the 14,000 m² pilot plant. Using production processes and systems also employed in standard production, the company will be able to demonstrate the industrial feasibility of future battery cell generations.
REUTERS/Bob Strong Purchase Licensing Rights Dec 21 (Reuters) - Solid Power Inc (SLDP.O) said on Wednesday it will offer some intellectual property rights related to its solid-state batteries to BMW (BMWG.DE) and allow production of the battery cells at the automaker's facilities in Germany.

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