Dec. 5 at 7:24 AM
$SLDP Apart from the USA, electric cars are on the rise everywhere; even East African countries have recognized their potential. In Europe, this market is currently growing by 15 percent compared to the combustion engine market, which is only growing by 1.9 percent.
As soon as the first electric cars with solid-state batteries are available on the market, offering a range of over 1,500 km or 930 miles, there will be no more demand for combustion engine vehicles.
And since Solid Power will play a key role, it's logical that its share price will increase tenfold.
In the next few months, Samsung and Solid Power, together with BMW, will present a second demo car, and mass production of the electrolyte will also begin. Both of these developments will have a massive impact on the share price.