Solid Power grows sales as first sample EV cells ship to BMW

LOUISVILLE — Solid Power Inc. (Nasdaq: SLDP), which makes solid-state batteries and sulfide-based electrolyte technology for electric vehicles, posted higher year-over-year sales in the third quarter of 2023, a period in which the company began delivering its first sample EV cells to BMW Group.

The Louisville company and the German auto giant have had a joint-development agreement in place for the past year. 

“It is a reflection of our team’s strong execution that we produced and delivered our first A Sample EV cells for BMW a little over a week ago, marking a major milestone for Solid Power,”…