Battery Company Solid Power Reports 358% YoY Increase in Revenue in Q1 2022
The company's net loss widened to $10.3 million during the period
May 23, 2022
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Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported a revenue of $2.2 million in the first quarter (Q1) 2022, a 358% year-over-year (YoY) increase compared to $480,000 in Q1 2021.