Deals Counterparts

SK Innovation Invests in Solid Power for Solid-State Battery Development

Investment Solid-State Battery announced United States Jan 20, 2025
USD30M
Deal Value
development
Stage

SK Innovation invested $30 million in Solid Power to accelerate the development of solid-state battery technology for electric vehicles.

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Source Intelligence

KEY DETAILS

SK Innovation and Solid Power will co-develop all-solid-state batteries. They also plan to validate that Solid Power’s all-solid-state-cells can be manufactured on existing lithium-ion battery manufacturing equipment.

Deal Size
SK Innovation committed to a $30 million investment in Solid Power
Location
Solid Power , a Colorado company
Announcement
November 4, 2021
PARTIES MENTIONED IN SOURCE
S
SK Innovation investor

"SK Innovation committed to a $30 million investment in Solid Power"

S
Solid Power developer

"SK Innovation committed to a $30 million investment in Solid Power"

F
Ford investor

"Earlier this year, Ford and BMW announced investments and development agreements with Solid Power."

B
BMW investor

"Earlier this year, Ford and BMW announced investments and development agreements with Solid Power."

high quality Enriched Feb 19, 2026

Timeline

Announced
Jan 20, 2025
Signed
Closed

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