U.S. awards Ford-backed Solid Power a $12.5 mln battery contract
01/10/2021 13:05
Oct 1 (Reuters) - Ford-backed battery maker Solid Power Inc
said on Friday that the U.S. government had awarded the company
a contract of up to $12.5 million for developing nickel- and
cobalt-free solid-state battery cells.
In June, Solid Power had agreed to go public through a
merger with shell company Decarbonization Plus Acquisition
Corporation III DCRC.O , valuing the combined firm at around
$1.2 billion. urn:newsml:reuters.com:*:nL3N2NX2R5
(Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Amy
Caren Daniel)
((Abhijith.G@thomsonreuters.com;))