Solid Power to go public. How to buy the EV battery maker’s SLDP stock?

3 min read | December 09, 2021 05:20 AM EST | By Raza Naqvi

Solid Power to go public. How to buy the EV battery maker’s SLDP stock? — Image source: Demidovichphotostock | Megapixl.com

How to buy Solid Power stock?

Investors do not have to wait for long to buy SLDP stock. Solid Power will start trading on Thursday, December 9, on the Nasdaq Global Select Market. The common shares’ stock symbol is SLDP and the warrants will trade under SLDPW.

Can you buy the SLDP stock?

Those interested in SLDP stock will likely have to wait for one hour after the trading session begins Thursday and after that, they will be able to buy the common shares as they buy for already listed companies.

Also Read: VinFast IPO: Can you buy the Vietnamese electric car maker's stock?

If you don't have a trading account set up with a brokerage company, then you can research and select a trading platform of your choice. First-time users must sign up through a simple process and begin trading in stocks.

Bottom line

Solid Power is a leading developer of all-solid-state battery cells, and it is demanded by automakers and consumers. These batteries can be used in electric vehicles (EVs) and the company could be looking to expand its business due to an expected boom in this sector.

According to the company website, its products may witness higher demand in future because they are built like lithium-ion batteries, however, they have a longer life, lower costs, and increased safety.

Also Read: Pure Watercraft: Is the startup going public & can you buy its stock?

Robert Tichio, Chairperson of DCRC and Solid Power's board member, said that the future of electric vehicles will be powered by all-solid-state batteries.

If this happens, then Solid Power could grow rapidly in future. The company already has extensive partnerships with leading automakers like BMW and Ford.

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