$DCRC - Solid Power
$DCRC - Solid Power
This is just my personal opinion. This is not an financial advise.
I have did some research on this company "solid power" and this company is very legit in the sense that they are made up of real engineers and their products are very legit. Its closest competitor - QS Quantum Scape trading @ 11 billion market cap vs Solid power "1.8+ billion market cap once merger complete @ current price"
Solid power seems to be more viable compared to QS
1) To produce solid state battery using solid ppwer technology it will enable battery manufacturer to use its existing machines with slight modification to start its production.
Vs
QS it is still researching a mass manufacturing design to enable production of its solid state battery. Which will involved high capital cost.
2) Solid Power can sell the battery mixture to other exisiting battery manufacturer. Big names such as BMW, Ford and koch industries are its major investors.
Vs
QS intending to sell through its own manufacturing plant. It also have big name investors such as Volkswagen, Billgates and few others.
Please go thru this video below as this guy have done a pretty good research n interview with solid power 3 months before solid power decided IPO.
https://youtu.be/kIt8ozkZj-o
Personal target and fair value is $50 for the next 3 to 12 months.
By 2030 if things are smooth as butter its easily in $100-$200 range
Good luck.
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