Umicore has announced that it holds a stake in solid-state battery specialist Solid Power, following Solid Power’s announcement of its intent to become a publicly listed company. Umicore built its stake through earlier Series A and B investment rounds.
Solid Power also counts Ford, BMW, Hyundai and Samsung among its investors. The company claims that its all-solid-state batteries can deliver a 50-to-75% increase in energy density compared to traditional lithium-ion batteries.
Source: Umicore
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