SLDP - Solid Power: Speculative Battery Play
2024-06-13 11:36:39 ET
Summary
- Solid Power is a leader in solid-state battery technology for electrification options like EVs.
- The company is in the pre-commercialization phase, with a potentially long and volatile path ahead to material revenues.
- Solid Power might need additional funding through 2030 and faces risks of dilutive capital transactions, if SSB rollout is delayed beyond 2026/27.
The electrification of the global economy requires better battery technology to drive a shift to electrification options like EVs. Solid Power, Inc. ( SLDP ) is a leader in the development of solid-state battery technology to provide a better solution than the limited range and energy efficiency of current lithium-ion batteries. My investment thesis is Neutral on the stock, with the company still basically in the pre-commercialization phase and a potentially long and volatile path ahead....
Solid Power: Speculative Battery Play