Solid state batteries are seen as a promising technology to improve range, safety and charging times for electric vehicles. As major automakers increasingly commit to electrification, companies developing innovative solid state battery technologies could see rapid growth. This creates interesting investment opportunities in emerging battery companies aiming to commercialize solid state batteries. By analyzing factors like technological competitiveness, partnerships with automakers, and production scalability, investors can identify stocks well-positioned to capitalize on the solid state battery megatrend.
Key players in solid state battery technology
Companies like QuantumScape, Solid Power and ProLogium have made major R&D advances and struck deals with automakers to develop solid state batteries. As they work towards mass production, their stock prices may surge on positive news about technical milestones and partnerships. Investors can track testing data and funding news to gauge which players are leading the solid state battery race.
Potential multibaggers among battery startups
Many solid state battery startups are still private companies. As they prepare to go public via mergers with SPACs or traditional IPOs, their valuations could multiply very quickly. Savvy investors can get in early by investing in the SPACs partnering with these startups. Battery innovators that demonstrate energy density and production cost advantages could deliver 10X returns for early-stage investors.
Incumbent battery giants’ competitive responses
As the EV market takes off, major battery makers like Panasonic, CATL and LG Chem are plowing R&D dollars into next-gen technologies including solid state batteries. If these incumbents with vast production infrastructure quickly come up with their own solid state batteries, that could negatively impact pure-play startups. Investors need to track tech updates from battery behemoths to assess threats to startups.
The solid state battery space has immense disruptive potential. By identifying the startups and incumbents leading on technology, investors can find stocks positioned to outperform as solid state batteries enter the mainstream over the next decade.