
Solid Power
Develops and manufactures solid-state batteries for electric vehicles and other applications.
About
Solid Power is a leading developer of all-solid-state batteries for electric vehicles and other applications. Their proprietary technology aims to deliver safer, longer-lasting, and more powerful batteries compared to traditional lithium-ion batteries. They are focused on scaling production to meet the growing demand for advanced battery solutions.
Key facts
At-a-glance profile data
- Website
- solidpowerbattery.com
- Headquarters
- Louisville, United States
- Founded
- 2014
- Employees
- 222
- Total funding
- $550M (SPAC)
- Business model
- B2B
Funding rounds
Tech stack
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- Cloudflare
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Frequently asked
How much funding has Solid Power raised?
Solid Power has raised a total of $550M in funding. The most recent round on record is SPAC.
How many employees does Solid Power have?
Solid Power has approximately 222 people on record.
Solid-state battery technology
Both companies are developing all-solid-state battery technology for electric vehicles, aiming to improve energy density, safety, and cost compared to traditional lithium-ion batteries.
Silicon nanowire anode lithium-ion batteries
While Solid Power focuses on solid-state electrolytes, Amprius Technologies develops high-energy-density lithium-ion batteries with silicon nanowire anodes, which can achieve performance levels that overlap with the lower end of solid-state
Silicon-anode lithium-ion batteries
Solid Power and Enovix both aim to improve battery performance, with Solid Power through solid-state technology and Enovix through advanced silicon-anode lithium-ion batteries, initially targeting smaller markets before expanding to EVs.
Lithium-ion battery solutions
Both companies operate in the broader battery technology sector, with Solid Power focusing on solid-state solutions and Microvast offering various lithium-ion battery solutions for commercial and specialty vehicles.