Ford and the BMW Group have expanded existing joint development agreements with Solid Power, producer of all solid-state batteries for electric vehicles, to secure all solid-state batteries for future electric vehicles. The companies are leading a $130 million funding round in Solid Power.
With the investment round, Ford and the BMW Group are equal equity owners, and representatives from each company will join Solid Power's board.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.