Solid Power DCRC+ Financial Overview
World-Class Partners are Committed to Electric Vehicles
B
M
W
25 electrified BEV,
PHEV models by
2023
"By 2022, each of our four automotive plants
in Germany will be capable of manufacturing
fully-electric vehicles"
"2 million BEVs delivered to customers by
the end of 2025"
MKB184E
"Being a leader in advanced battery technology
is of the utmost importance for BMW...We now
have taken our next step on this path with Solid
Power"
-Frank Weber - Member of the Board of Management
On May 3rd, 2021 Solid Power announced the expansion of
Joint Development Agreements with BMW and Ford
"Solid Power now plans to begin producing automotive-scale batteries on the
company's pilot production line in early 2022 as a result of our partners'
continued commitment to Solid Power's commercialization efforts"
- Doug Campbell, CEO and Co-Founder of Solid Power.
Both Ford and the BMW Group will receive full-scale 100 Ah cells for
automotive qualification testing and vehicle integration
Ford
Will invest at least
$22bn by 2025
into electrification, nearly 2x
its previous commitment
Ford is "all in and will not cede ground to
anyone" in delivering EV's
"We are accelerating all our plans-breaking
constraints, increasing battery capacity, improving
costs and getting more electric vehicles into our
product cycle plan"
"Solid-state battery technology is important
to the future of electric vehicles, and that's
why we're investing directly"
Ted Miller - Manager of Electrification Subsystems and Power Supply Research
Source: Company press releases.
Solid Power DCRC+
... and the ⚫ Solid Power Platform
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