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EV Battery Tech Developer Solid Power’s Losses Continue into Q2 2023

The company’s revenue came up to $4.91 million, a 90.3% YoY increase

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Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), recorded a net loss of $12.21 million during the second quarter (Q2) of the financial year (FY) 2023, a 189 % year-over-year (YoY) decrease from a profit of $13.67 million.

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