Solid Power Receives DOE Award to Develop Nickel- and Cobalt-Free Batteries

January 12, 2023

https://www.globenewswire.com/news-release/2023/01/12/2587830/0/en/Solid-Power-Receives-DOE-Award-to-Develop-Nickel-and-Cobalt-Free-Batteries.html

LOUISVILLE, Colo., Jan. 12, 2023 (GLOBE NEWSWIRE) — Solid Power, Inc. (Nasdaq:SLDP) announced today that it received notification of an award from the U.S. Department of Energy (DOE) ARPA-E group to continue its development of nickel- and cobalt-free solid-state battery cells. Solid Power expects to receive up to $5.6 million to develop battery cells containing a lithium metal anode and sulfur composite cathode to enable improved energy and charging performance.

Read more at globenewswire.com

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