Solid Power, Inc. announced that it received notification of an award from the U.S. Department of Energy ARPA-E group to continue its development of nickel- and cobalt-free solid-state battery cells. Solid Power expects to receive up to $5.6 million to develop battery cells containing a lithium metal anode and sulfur composite cathode to enable improved energy and charging performance. The DOE recently announced $42 million in funding for 12 projects to strengthen the domestic supply chain for advanced batteries that power electric vehicles, with Solid Power's award being a portion of this funding.

Projects selected for the Electric Vehicles for American Low-Carbon Living program aim to expand domestic EV adoption by developing batteries that last longer, charge faster, perform efficiently in freezing temperatures and have better overall range retention.