This facility is designed to produce EV-scale solid-state cells and when fully operational should be able to produce 300 large-format sulfide-based cells per week. This effort is meant to build EV scale cells in a high throughput manner that mimics today's lithium-ion manufacturing. Last month, the company completed the installation of its pilot production line. It is still building out its facilities and can expect little in the way of revenues while it does so over the next couple of years. It is important to note that the company is in the early stages of its journey to a full-fledged manufacturing concern. Ford ( F) and BMW ( OTCPK:BMWYY) were among the OEMs that were original investors at the time of Solid Power's debut on the market. In addition, it had ~18m warrants outstanding, which granted holders the option to buy a share of Solid Power for $11.50. Solid Power had some 44 million shares when it came public.
#Cnet format factory 2.95 plus#
The company came public late in 2021 via a merger with a SPAC called Decarbonization Plus Acquisition Corp III (DCRC). The stock currently trades around $5.50 a share and sports an approximate market capitalization of $960 million. The company is focused on the development and commercialization of all-solid-state battery cells and solid electrolyte materials for the battery-powered electric vehicle market. What lies ahead for the company and shareholders? We explore that question via the analysis below. The company came public in 2021 and the stock of this electric vehicle component concern has quickly sunk into 'Busted IPO' territory. Today, we are taking our first look at Solid Power, Inc.
Boredom is the root to curiosity." - soulevian
0 kommentar(er)
