Solid-State Batteries: Mercedes-Benz Invests In ProLogium

Mercedes-Benz and ProLogium have signed a technology cooperation agreement to develop next-generation solid-state battery cells. The German automaker will also make a high double-digit million EUR investment in ProLogium and take a seat on ProLogium’s board of directors. It’s actually a second such deal for Mercedes-Benz, which recently invested in Factorial Energy, another solid-state battery developer. According to the press release, the investment by Mercedes-Benz will be used to support the development of the technology and ProLogium’s plan of establishing production capacity in Europe. It’s expected, that the first Mercedes-Benz test vehicles, equipped with co-developed solid-state batteries, will be introduced “in the coming years.” It appears that the strategic goal is to launch the first models in the second half of the decade: The companies also agreed on milestones that…

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