Automakers

For solid-state batteries, much risk and huge potential rewards

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Ford and BMW are equity owners in solid-state battery maker Solid Power. (Ford)
November 11, 2021 05:01 AM

Electric vehicles still have less than 10 percent market share in Europe -- and are just a tiny fraction of worldwide sales -- but automakers and suppliers are already spending billions to develop solid-state batteries, the next generation of technology that promises faster charging, better energy storage and improved safety.

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