Brief: Solid Power - BMW Group Intends To Replicate Co's Cell Pilot Production Lines At Its Facilities In Germany

Solid Power

21/12/2022 13:00

Dec 21 (Reuters) - SOLID POWER:
    * SOLID POWER AND BMW DEEPEN JOINT DEVELOPMENT PARTNERSHIP
    * SOLID POWER - GRANTED BMW GROUP A RESEARCH AND DEVELOPMENT
LICENSE TO CELL DESIGN AND MANUFACTURING KNOW-HOW
    * SOLID POWER - BMW GROUP TO PAY SOLID POWER $20 MILLION
THROUGH
JUNE 2024, SUBJECT TO CERTAIN MILESTONES
    * SOLID POWER - EXPECTS TO PROVIDE SULFIDE-BASED SOLID
ELECTROLYTE
FOR BMW GROUP’S CELL PROTOTYPE LINE
    * SOLID POWER - BMW GROUP INTENDS TO REPLICATE CO'S CELL
PILOT
PRODUCTION LINES AT ITS FACILITIES IN GERMANY

Further company coverage:  BMWG.DE 
 ((Reuters.Briefs@thomsonreuters.com;))