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BMW, Ford lead $130M investing round in solid-state battery startup

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(BMW)
R
By:
Reuters
May 03, 2021 01:55 PM

DETROIT -- BMW and Ford are leading a $130 million funding round in a solid-state battery startup, Solid Power, as automakers push to lower the cost of electric vehicles by investing in the development of affordable but powerful rechargeable batteries, BMW said in a statement.

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