SLDP - Solid Power: Balanced Risk-Reward Staying On The Sidelines For Now
2024-04-06 05:41:30 ET
Summary
- Solid Power is a US-based company that produces solid-state battery cells for electric vehicles and mobile power.
- The company's stock performance has been weak, losing over 80% of its value since going public.
- Solid Power has the potential for growth due to the increasing demand for EV and lower price per kWh outlook into the next decade. However, risk-reward remains balanced for now.
Founded in 2011, Solid Power ( SLDP ) is a US-based company that produces industry-leading solid-state battery cells for electric vehicles ((EV)) and mobile power. It is a spin-off company from University of Colorado, Boulder, which pioneered the leading research in the area. Its key backers include Samsung and Hyundai....
Solid Power: Balanced Risk-Reward, Staying On The Sidelines For Now