SLDPW - Solid Power: BMW's Demo Car Could Charge A Stock Rebound
2024-07-10 01:51:08 ET
Summary
- Solid Power is close to demonstrating its technology with BMW, providing a near-term catalyst for the stock.
- The disruptive potential of Solid Power's solid-state battery could reshape the industry, making it an undervalued investment opportunity.
- SLDP focuses on licensing its technology rather than manufacturing battery cells, creating a capital-light model, bolstering its financial position.
Investment Thesis
BMW's ( OTCPK:BMWYY ) upcoming demo car, featuring the world's first solid-state battery developed by Solid Power ( SLDP ) could re-ignite interest in SDLP's currently undervalued stock. BMW is already testing Sample A-2 silicon-anode batteries shipped last November and if the timeline holds, the next development stage will involve testing Sample B cells in a demo car, possibly next year. Earlier this year, SLDP's CEO commented:
Solid Power: BMW's Demo Car Could Charge A Stock ReboundWe will continue our strong collaboration in 2024 with BMW and look forward to supporting them as they build the world's first full-size demo sedan powered by Solid Power's solid-state battery. SLDP Q4'23 Earnings Call