By Jason Plautz | 5280 | July 2, 2019
This month, Solid Power will open the first factory in the country capable of churning out solid-state batteries for cars.
For years, car companies have vied for position in a race to find a battery that can provide a longer charge for electric vehicles. Being the first to discover this holy grail—a power supply with enough range to make fully electric automobiles a practical option for average car shoppers—would potentially be worth billions. In 2018 alone, investors such as Toyota and Nissan sunk more than $500 million into battery-focused startups. This month, Colorado’s Solid Power is set to zoom to the front of the pack.