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Solid Power, a Competitor to EV Battery Maker QuantumScape, Goes Public
It’s not just QuantumScape anymore. Investors have another newly minted, well-capitalized, solid-state electric-vehicle battery technology company to consider buying.
Shareholders of Decarbonization Plus Acquisition Corp III (ticker: DCRC), a special purpose acquisition company, have approved a merger with EV solid-state battery technology start-up Solid Power. That means the latter is now a publicly traded company with more than $500 million in fresh capital on its balance sheet.
Now…