BMW to Manufacture Batteries for its EV Segment; Will Build 5 Gigafactories Updated On Mon, Mar 28th, 2022 by Saurenergy Germany’s leading automaker BMW has said that it’s tying up with partners to build five gigafactories around the world that will produce batteries for its electric vehicles segment. The company has said that these gigafactories will be strategically positioned where BMW is already manufacturing electric vehicles. The idea is to cut logistics costs and expedite […] Read more
Solid Power Raises $130 Million, Ford & BMW Expands Partnership Updated On Tue, May 4th, 2021 by Saurenergy Solid Power, maker of all-solid-state rechargeable batteries for electric vehicles (EVs) has announced raising USD 130 million in investmentments in its Series B. The investment was led by three giants including, Ford Motor Company, BMW Group, and Volta Energy Technologies. Interestingly, Ford and BMW have also extended their partnership into Solid Power to secure and […] Read more
