Solid Power Soars on Partnership with Samsung SDI and BMW: Premarket Gains Reach 14%

Shares of Solid Power (SLDP) are experiencing a significant surge in pre-market trading today, driven by an announcement of a strategic collaboration with Samsung SDI and BMW Group. The stock is currently up $0.78 or 14.63% as of 7:24 AM EDT, building on the stock’s impressive year-to-date performance of over 329%. The partnership marks a crucial step in the development and commercialization of all-solid-state battery (ASSB) technology for next-generation electric vehicles (EVs). This collaboration combines expertise from U.S., Asian, and European players, aiming to accelerate the transition to EV batteries.