solid power, bmw partner to develop next-generation ev batteries - energy storage devices

(Reuters)-U. S.
Electric vehicle battery company Solid Power said on Monday it has partnered with bmw ag in GermanyBMWG. DE)
Develop the next-
Generation solid
National battery technology for electric vehicles (EVs).
BMW will assist in advancing the technology of Solid Power to achieve the level of performance required for high performance
Performance electric vehicles, Raleigh, Colorado-
Solid Power said in a statement.
The financial terms of the transaction have not yet been disclosed. All solid-
National battery technology is a high
The capacity energy storage device has improved today's lithium-
Replace liquid or gel with ion batteries-
An electrolyte is formed with a solid conductive material.
This new technology brings more capacity and better security.
Automakers are trying to reduce the cost of electric vehicles by investing in affordable but powerful batteries.
Established in 2012, Guoli said it was solid
The National rechargeable battery may reduce costs as it has the potential to eliminate many of the expensive safety features associated with lithiumion systems.
Toyota Motor Corporation (7203. T)
The technology, known as the "game changer" of electric vehicles, plans to commercialize solid fuel
In Early 2020, the National Battery and the launch of electric vehicles powered by them.
German automotive suppliers ContinentalCONG. DE)
Chief Executive Elmar Degenhart said in an interview with trade weekly on November that the company was considering investing in the technology.