Louisville-based Solid Power partners with BMW

LOUISVILLE — Solid Power Inc., a maker of rechargeable batteries, is partnering with BMW Group.

The automotive giant is partnering with Louisville-based Solid Power to make solid-state batteries for electric vehicles.

Solid-state batteries have solid electrodes and electrolytes and are highly conductive, which minimizes internal resistance in the battery. The idea is that they have a long electric range with high safety and performance, compared with lithium-ion cells. Solid Power’s batteries are made with proprietary inorganic material without flammable or volatile components.

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Through the partnership, BMW will help Solid Power advance its technology to create batteries for high-performance vehicles. The goal is to create electric vehicles with increased driving range and a battery with a longer shelf-life that can withstand higher temperatures.

“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,” Doug Campbell, founder and CEO of Solid Power, said in a prepared statement. “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.”