
Why Solid Power (SLDP) Is Up 9.2% After Teaming With BMW and Samsung SDI on Demo Car

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Solid Power, Inc. has partnered with Samsung SDI and BMW to develop an all-solid-state battery-powered demonstration vehicle, marking a significant step in commercializing solid-state battery technology. This collaboration aims to enhance integration into the automotive supply chain and validate Solid Power's core product. Despite the optimism surrounding this partnership, investors should be cautious of ongoing financial losses and capital requirements. Solid Power projects $33.2 million in revenue by 2028, but faces challenges in achieving consistent growth and overcoming current operating losses.
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