Solid Power, a battery startup backed by Ford Motor Co., said it’s on track to begin testing solid-state batteries for automotive production in early 2022, a signal it eventually could help established car companies compete with Tesla Inc.
The startup, which was spun out of the University of Colorado in 2014, began making battery cells on a pilot line in its Colorado facility during the second quarter of this year. Those first-iteration cells already pack 15% to 20% more power than the lithium-ion batteries used in today’s electric cars, Chief Executive Officer Doug Campbell said.
