|Bid||0.00 x 1800|
|Ask||0.00 x 4000|
|Day's Range||10.59 - 10.81|
|52 Week Range||9.68 - 13.70|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Solid state battery technology company Solid Power announced an award to develop rechargeable EV batteries without costly cobalt and nickel.
Many investors have been overwhelmed by the number of SPAC deals in the electric-vehicle space over the last year, and some have soured on the space now that a couple of last year's darlings have turned out to be, well, less than they seemed. Colorado-based Solid Power, founded in 2012, is one of several companies working to develop so-called solid-state batteries, which omit the liquid electrolyte used in the lithium-ion batteries that power most electric vehicles today.
Solid Power, which makes all-solid-state batteries for cars and mobile devices that perform similarly to lithium batteries, is merging with SPAC Decarbonization Plus.