Description
Solid Power is a development-stage company.
The Company focuses on the development and commercialization of all-solid-state battery cells and solid electrolyte materials, primarily for the battery-powered electric vehicle market. The Company is developing all-solid-state battery cell technology that replaces the liquid or gel polymer electrolyte used in conventional lithium-ion battery cells with a sulfide-based solid electrolyte.
The Company's two all-solid-state cell designs, high-content Silicon EV Cell) and lithium metal anode EV cells (Lithium Metal EV Cell). Its sulfide-based solid electrolyte technology uses earth-abundant materials. The Company is also developing its Conversion Reaction Cell to remove nickel and cobalt from the cathode entirely. The Company's proprietary sulfide-based solid electrolyte as a separator layer, which isolates the anode and cathode and conducts lithium-ions.