World BMW and Ford Invest in Solid Battery Specialists Solid Power
Joe Biden Calls for 'Once in a Generation' Investment in America. Read Full Text of Speech
In the speech, Biden touted his American Jobs Plan and mentioned his administration's legislative agenda, including expanding civil rights and reforming the nation's immigration system.In the speech—delivered one day shy of his 100th day in office—Biden touted his American Jobs Plan. He encouraged out-of-work Americans to partake in the $2 million plan's newly created jobs in infrastructure rebuilding and caregiving.
The US company specialized on solid-state batteries for electric cars Solid Power receives through further investment by BMW and Ford Fresh capital.The car maker BMW and Ford to ensure high-performance, cost-effective solids batteries for future electric car generations. As BMW announced on Monday in Munich, Volta Energy Technologies also participated in another investment round of $ 130 million. This allows Solid Power to produce complete batteries and expand production capacity. At the beginning of 2022, the production of car-compatible batteries start on a pilot production line, said company boss Doug Campbell.
BMW development board Frank Weber said the solids battery promise more efficient, more sustainable and safer electric vehicles. Ford and BMW are from 2022 cells with a capacity of 100 amp lessons for tests and vehicle integration. They are energy devers, safer and cheaper than the most powerful lithium-ion battery cells of today.
For solid batteries, the charge is no longer transported by a liquid carrier material. The cells can become as easier, increasing the range of vehicles. In addition, a higher energy density and faster charging are conceivable. BMW wants to realize a solid mixer for series use until the end of the decade. dpa
Minister to explain wind farm funding veto .
Resources Minister Keith Pitt will make a statement to federal parliament explaining why he vetoed a loan to a wind farm in far north Queensland. © Lukas Coch/AAP PHOTOS Resources Minister Keith Pitt is set to tell parliament why he vetoed a loan for a wind farm. Keith Pitt used his ministerial veto power to stop the $280 million loan to the Kaban green power hub, which comprises a 157 megawatt wind farm and 100 megawatt battery. The Northern Australia Infrastructure Facility recommended the project receive a loan.