Solid Power, producer of all-solid-state batteries for electric vehicles, raised a $130 million Series B investment round led by the BMW Group, Ford Motor Company, and Volta Energy Technologies. Ford and the BMW Group have also expanded existing joint development agreements with Solid Power to secure all-solid-state batteries for future electric vehicles. Solid Power is currently producing 20-ampere hour (Ah) multi-layer all-solid-state batteries on the company’s continuous roll-to-roll production line, which exclusively utilizes industry-standard lithium-ion production processes and equipment.