US solid-state battery company Solid Power releases first quarter 2024 financial report

Recently, Solid Power, a US solid-state battery company, released its financial report for the first quarter of 2024. The report shows that the company achieved revenue of $6 million in the quarter, a year-on-year increase of $2.2 million. Despite the increase in operating expenses, the company is still actively promoting product development and expanding its scale. As of the first quarter of 2024, Solid Power's operating loss was $25.8 million, its net loss was $21.2 million, and its total liquidity was $379 million.