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From Reuters

Solid Power Inc (SLDP.O) said on Wednesday it will offer some intellectual property rights related to its solid-state batteries to BMW (BMWG.DE) and allow production of the battery cells at the automaker's facilities in Germany. Colorado-based Solid Power will license the cell design and manufacturing processes to BMW, which will pay the company $20 million through June 2024, subject to certain conditions.

From Bloomberg

BMW AG is trying to speed development of solid-state batteries by manufacturing prototype cells in partnership with Solid Power Inc. at its research and development facility in Munich.

From InsideEVs

BMW, like many other automakers, is looking to crack the solid state battery problem and get the technology to market (and in its EVs) quicker than the competition. The manufacturer entered a joint partnership to develop solid state batteries for automotive use with Solid Power, which is also working with Ford towards the same goal.

From JustAuto

Solid-state battery specialist Solid Power, Inc. has announced it has deepened its partnership with the BMW Group. Under an expanded Joint Development Agreement, Solid Power has granted the BMW Group a research and development licence to Solid Power’s all-solid-state cell design and manufacturing know-how.

From TopSpeed

Earlier this month, one of BMW's top engineers for its next-generation batteries think that we've reached the peak of what lithium-ion batteries are capable of. Any improvements from here on for the current lithium-ion batteries will mostly be focused on lowering their cost or improving their energy density. For us to truly meet our goals, the jump toward solid-state batteries is inevitable, and BMW is also on board with this tech.