Solid Power, a producer of all-solid-state EV batteries, plans to build a second Denver-area production facility in Thornton, Colorado. The new plant will expand Solid Power’s capacity to produce materials for its battery cells, including the ability to produce up to 30 metric tons of sulfide-based solid electrolyte material annually—a 25x throughput increase over current capacity. The 75,000-square-foot Thornton facility will quadruple Solid Power’s total manufacturing footprint.
Electrolyte production at the new facility is intended to directly feed the company’s upcoming all-solid-state EV cell manufacturing line. Solid Power expects to produce and deliver its first 100 Ah cells for formal automotive qualification testing in 2022.
“In order to progress toward production of automotive scale battery cells, the company must significantly increase production of its sulfide-based solid electrolyte materials,” said Doug Campbell, CEO of Solid Power. “This facility marks an important next step in Solid Power’s progression toward that goal.”
In June, Solid Power announced that it would go public through a merger with Decarbonization Plus Acquisition Corporation III (NASDAQ: DCRC).
Source: Solid Power