Sep. 18 at 6:20 AM
$SLDP Considering that 1,200 GWh of battery capacity is required globally and Solid Power plans to produce 20,000 tons of electrolyte—equivalent to 40 GWh—it is clear that the company still has significant room for growth.
Once continuous production begins at the end of the year, I believe the initial output of 500 tons will very quickly scale up significantly. I am convinced that the share price will rapidly hit the
$10 mark once continuous production is underway—especially given that gasoline prices remain high (and will likely rise further) and that new technologies are clamoring for solid-state batteries. But for now, we are waiting for the new agreements with BMW and Samsung. Regarding Samsung, it is worth noting that the electrolyte is apparently being used on their existing machinery. Incidentally, another patent concerning the electrolyte has also been published.
In any case, things remain exciting.
