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Battery Tech Company Solid Power’s Net Loss Widens by 586% in 2023

The company achieved a revenue of $17.41 million in 2023, a 47.6% YoY increase

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Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), recorded a net loss of $65.55 million during 2023, a 586.3% year-over-year (YoY) increase from a net loss of $9.55 million.

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