EV Solid-State Batteries - Companies

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EV Solid-State Batteries - Companies

After searching through credible sources, we have provided the company details for the ten requested businesses concerning their development of solid-state batteries for electric vehicles in the United States. Our findings on this topic are available in the attached spreadsheet.

OVERVIEW OF FINDINGS

TESLA

  • From 33 rounds of funding, Tesla's total funding amounts to approximately $17.8 billion.
  • In May 2019, Tesla acquired a San Diego-based business, Maxwell Technologies, that develops ultra-capacitors, which could supply a connection to "solid-state battery technology."
  • The supercharger network from Tesla grants swift charge times with around half an hour (30 minutes) to charge a drained vehicle up to about 80%.

SOLID POWER

  • Throughout its history, Solid Power has had merely two funding rounds amounting to $20 million.
  • The Ford Motor Company partnered with the establishment to manufacture solid-state batteries meant for next-generation electric cars.
  • In the year 2017, Solid Power partnered with the BMW Group to collaboratively build the company's solid-state batteries designed for applications for electric cars.

QUANTUM SCAPE

  • As listed by Crunchbase, the company has had just one funding round.
  • Quantum Scape's total funding amount is around $100 million.
  • As of 2019, Volkswagen and Quantum Scape are in partnership to produce solid-state batteries with investment of about $100 million.

CATL

  • In 2018, CATL underwent a series B Byton funding round in which it accumulated $500 million.
  • The company raised about $33,771,416 in a funding round through Valmet Automotive in the year 2017.
  • BMW, Toyota, Honda, Nissan Motor, CATL, and Nissan Motor are in a partnership to produce batteries for electric automobiles.
  • The company succeeded in reaching 304Wh/kg with its brand-new battery cells.

CYMBET

  • According to Crunchbase, Cymbet has had roughly 12 funding rounds amounting to $80.7 million.
  • Following its investment in creating a production manufacturing procedure for solid-state micro-batteries, Cymbet is currently distributing the company's EnerChip batteries in high volume production at X-Fab in the state of Texas.

ENEVATE

  • Enevate has experienced over six different funding rounds amounting to $40 million.
  • Enevate's HD-Energy Technology facilitates Lithium-ion cells that contain 50% larger capacity when compared to conventional graphite cells. It is capable of charging cells up to about 75% capacity in around five minutes. (source 13)

FISKER INC.

FORD

  • Ford has orchestrated about 17 different investments. The corporation's most recent investment was for $500 million.
  • In April 2019, the company entered an agreement with Solid Power to generate solid-state power batteries.

BRIGHT VOLT

EXCELLATRON SOLID STATE

  • According to its website, Excellatron Solid State is privately funded.
  • It claims that its thin film batteries contain a long shelf and cycle life for flexible and ceramic polymer substrates, which makes them commercially viable.
Sources
Sources