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Solid Power Expands Electrolyte Production with DOE Grant

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Solid Power Expands Electrolyte Production with DOE Grant

Solid Power ( (SLDP) ) has issued an announcement.

On March 19, 2025, Solid Power published a PowerPoint presentation outlining its strategic focus on expanding electrolyte production capabilities and enhancing its market position in the solid-state battery sector. The company plans to increase its pilot electrolyte manufacturing capacity and has secured a DOE grant to support this expansion. Solid Power’s technology is positioned to meet the growing demand for sulfide-based chemistries in the automotive and battery manufacturing industries, with partnerships established to integrate into the Asian battery ecosystem.

More about Solid Power

Solid Power, Inc. operates in the battery technology industry, focusing on developing sulfide-based solid electrolytes for advanced solid-state batteries. The company aims to collaborate with Tier 1 battery manufacturers and automotive OEMs, leveraging its strong intellectual property position and capital-light model to enhance battery performance with improved energy density, safety, and longer life.

YTD Price Performance: -45.41%

Average Trading Volume: 4,835,319

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $205.7M

Find detailed analytics on SLDP stock on TipRanks’ Stock Analysis page.

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