# BMW Group x Solid Power: partnership

Canonical ID: `ff15654f-8629-4ead-8d9c-a212afffe727`

BMW Group and Solid Power have maintained a Joint Development Agreement since 2016 to advance all-solid-state battery technology for electric vehicles. BMW invested in Solid Power in 2021 and deepened the partnership in 2022 with a 20 million dollar commitment for technology transfer and prototype cell line development.

- **Type:** development
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [BMW Group](https://registry.deploy.report/companies/bmw-group.md) co developer
- Solid Power Inc _(off-registry)_ technology provider

## Sources (1)

1. https://www.solidpowerbattery.com/investor-relations/investor-news/news-details/2022/Solid-Power-and-BMW-Deepen-Joint-Development-Partnership/default.aspx


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