DA Davidson Reiterates Neutral Rating on Solid Power (SLDP)

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Solid state batteries to unlock a new battery paradigm

August 17, 2024 4:00 AM UTC

Solid-state batteries (SSBs) are poised to revolutionize the battery industry, unlocking a new paradigm that could significantly enhance energy density, safety, and performance in electric vehicles (EVs).

This next generation of batteries, particularly all-solid-state batteries (ASSBs), represents the most substantial advancement in battery technology in decades, according to analysts at Bernstein.

In a Monday report, the investment bank highlighted that these batteries could deliver 50% higher energy density at the cell level, reaching up to 500Wh/kg, enabling EVs to achieve a range of 700-800 kilometers with rapid charging times of under 10 minutes.

The technological... More