Solid Power
Solid Power is a company that develops all-solid-state battery technology for electric vehicles, featuring a proprietary sulfide solid electrolyte, and is headquartered in Louisville, Colorado.
Company Overview
Solid Power is a company that specializes in developing all-solid-state battery technology, primarily designed for electric vehicles. Their proprietary technology replaces the flammable liquid electrolyte found in conventional lithium-ion batteries with a sulfide-based solid electrolyte. The company is headquartered in Louisville, Colorado and operates two production facilities in the state, including an additional location in Thornton, Colorado.
Key Partnerships
Solid Power has established significant partnerships with major automotive and technology companies, including BMW, Ford, and SK Innovation. These collaborations are focused on the development and advancement of solid-state battery technology, which is crucial for the future of electrified vehicles.
Production and Scaling Goals
Solid Power is dedicated to scaling its electrolyte production capabilities to meet future demands. The company aims to achieve a production volume sufficient to power up to 800,000 electrified vehicles annually by the year 2028. This ambitious goal aligns with the increasing global demand for electric vehicles and advancements in battery technology.
Stock Market Presence
Solid Power is publicly listed on the Nasdaq stock exchange under the ticker symbols 'SLDP' and 'SLDPW'. The company went public through a business combination with Decarbonization Plus Acquisition Corporation III. Investors can access detailed information and receive updates through the investor relations section on the company's website.
Corporate Facilities
Solid Power operates two production facilities in Colorado to support its development and manufacturing initiatives. The main headquarters is located in Louisville, with an additional facility in Thornton. These locations are crucial for the company's ongoing research and production efforts related to solid-state battery technology.