Ford boosts investment in Solid Power for further development of solid-state vehicle battery technology, aiming to deliver longer range, lower cost and safer electric vehicles for customers. Ford’s newest Solid Power investment is in addition to the company’s previously announced $22 billion global investment in connected, electrified vehicles through 2025.
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How much range does that EV have? How long does it take to charge up? Where are the charging stations?
These are legitimate questions when it comes to electric vehicles, like the Ford Mustang Mach-E. When I drove it I realized that range anxiety wasn’t that big of an issue, but certainly charge times and the infrastructure issues were still prohibitive for the average consumer.
Related story: Drive the Mustang Mach-E and you might change your opinion on it.
That’s why Ford’s announcement today about a further investment with a company called Solid State is a big deal.
Ford Motor Company today announced it is growing its investment in Solid Power, an industry-leading producer of all-solid-state batteries for EVs.
Initially investing in Solid Power in 2019, Ford is making an additional equity investment to help accelerate further development of solid-state vehicle battery technology, contributing to a $130 million Series B investment round in which the BMW Group becomes an equal equity owner with Ford.
“Solid-state battery technology is important to the future of electric vehicles, and that’s why we’re investing in it directly as well as accelerating Ford’s in-house R&D on next-generation battery technology,” said Hau Thai-Tang, Ford's chief product platform and operations officer. “Leveraging the speed of a startup and the expertise of some of the most seasoned battery experts in the world at Ford, we’re exploring different ways to power tomorrow’s fun-to-drive all-electric vehicles, using proven development and manufacturing processes.”
Solid-state batteries are showing great promise. They don’t use the liquid electrolyte found in conventional lithium-ion batteries, can be lighter, with greater energy density and provide more range and lower cost.
Imagine the Mustang Mach-E having double the range it currently does, and having the ability to fully recharge in minutes. That’s what solid-state battery technology can do for the EV landscape. Just as it takes internal combustion engine (ICE) vehicles minutes to refuel, lighter, more advanced solid state batteries could allow for quick recharging, thus eliminating some of the major hurdles facing EVs today.
Solid Power, which uses sulfide-based solid-state battery cells, has demonstrated its ability to produce and scale next-generation all solid-state batteries that are designed to power longer range, lower cost and safer electric vehicles using existing lithium-ion battery manufacturing infrastructure.
Solid Power’s leadership in all solid-state battery development and manufacturing has been confirmed with the delivery of hundreds of production line-produced battery cells that were validated by the BMW Group and Ford late last year, formalizing Solid Power’s commercialization plans with its two long-standing automotive partners.
“By simplifying the design of solid-state versus lithium-ion batteries, we’ll be able to increase vehicle range, improve interior space and cargo volume and ultimately deliver lower costs and better value for customers,” said Ted Miller, Ford’s manager of electrification subsystems and power supply research. “We look forward to delivering these improvements and working with Solid Power to seamlessly and quickly integrate their sulfide-based all-solid-state battery cells into existing lithium-ion cell production processes more efficiently than oxide-based solid-state battery cell makers can.”
Earlier this week, Ford announced a new global battery center of excellence – named Ford Ion Park – to accelerate research and development of its battery and battery cell technology – including future battery manufacturing.
Ford is building on nearly two decades of battery expertise by centralizing a cross-functional team of 150 experts in battery technology development, research, manufacturing, planning, purchasing, quality and finance to help Ford more quickly develop and manufacture battery cells and batteries, ultimately aiming to deliver more, even better, lower cost EVs for customers.
The Ford Ion Park team also is exploring better integration and innovation opportunities across all aspects of the value chain – from mines to recycling – working with all teams within Ford, including experts at Ford’s new Battery Benchmarking and Test Laboratory, Ford Customer Service Division, plus key suppliers and partners.
The Ford Ion Park team already is underway. In addition, a $185 million collaborative learning lab in Southeast Michigan that is dedicated to developing, testing and building vehicle battery cells and cell arrays opens late next year.
This world-class 200,000 sq.-ft. learning lab will include pilot-scale equipment for electrode, cell and array design and manufacturing and will use state-of-the-art technology to pilot new manufacturing techniques that will allow Ford to quickly scale breakthrough battery cell designs with novel materials once the company vertically integrates battery cells and batteries.
Ford is committed to leading the electric vehicle revolution and this year has gained significant momentum on its plans.
In North America, the Ford Mustang Mach-E has found early sales success. Plus, the all-electric Ford Transit is set to go on sale late this year and the all-electric F-150 arrives by mid-2022. Ford will be the first automaker in the U.S. to offer commercial customers fully electric van and full-size pickup choices.
In Europe, Ford is moving to an all-electric lineup by 2030, with its commercial vehicle range 100 percent zero-emissions capable, all-electric or plug-in hybrid by 2024. Ford also is investing $1 billion in a new electric vehicle manufacturing center in Cologne to build a high-volume all-electric passenger vehicle for European customers starting in 2023.
In China, Ford is preparing to produce the Mustang Mach-E for local customers later this year, and recently announced it is establishing a BEV division with a direct sales model and network that will reach 20 major cities across China this year. In addition, Ford has partnered with China’s State Grid and NIO to offer EV customers access to more than 300,000 public charging stations, of which 160,000 are fast-charging, in more than 340 cities across the country.
Ford has been actively involved in battery research and electric vehicles dating back to the days of Henry Ford and Thomas Edison. To date, the company has secured more than 2,500 U.S. patents in electrification technologies, with another 4,300 patents pending and has sold more than 1 million hybrids, plug-in hybrids and all-electric vehicles since 2004.
Related story: An electrified future shouldn’t scare you.
If you haven’t read much about this type of battery technology, I recommend you do some research. This is a real gamechanger in the EV world and could really advance things quickly for Ford Motor Company. What do you think about the EV future of Ford and other automakers. Leave me your comment below.
Jimmy Dinsmore has been an automotive journalist for more than a decade and been a writer since the high school. His Driver’s Side column features new car reviews and runs in several newspapers throughout the country. He is also co-author of the book “Mustang by Design” and “Ford Trucks: A Unique Look at the Technical History of America’s Most Popular Truck”. Also, Jimmy works in the social media marketing world for a Canadian automotive training aid manufacturing company. Follow Jimmy on Facebook, Twitter, at his special Ford F-150 coverage on Twitter and LinkedIn. You can read the most of Jimmy's stories by searching Torque News Ford for daily Ford vehicle report.
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