1. Industry Giants Samsung and Hyundai Invest in Solid-State Batteries

    Industry Giants Samsung and Hyundai Invest in Solid-State Batteries

    Solid Power wins $20 million from automotive and electronics players. Automotive and electronics giants are flooding the battery ecosystem with strategic investments. Solid-state battery startup Solid Power, based in Louisville, Colorado, just won $20 million in a Series A investment round from Hyundai, Samsung Venture Investment, Sanoh Industrial, Solvay Ventures and A123 Systems. Late last year, Solid Power announced a partnership with BMW to work jointly on automotive batteries.

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