Solid Power, Inc. · NASDAQ:SLDP
Solid Power — Decarbonization Plus Acquisition Corp III — SPAC Merger (November 2021)
20 slides from Solid Power's SPAC merger presentation, Nov 15, 2021
Slide 1: A New Breed of Battery
A New Breed of Battery Investor Deck November 2021
Slide 2: Disclaimer
Disclaimer Important Information for Investors and Stockholders This presentation (this “Presentation”) is being made in respect of the proposed transaction involving Decarbonization Plus Acquisition Corporation III (“DCRC”) and Solid Power, Inc. (“Solid Power”). A full description of the terms of t
Slide 3: Disclaimer (cont'd)
Disclaimer (cont’d) U se of Projections T his Presentation contains projected financial information w ith respect to Solid Pow er. Such projected financial information constitutes forw ard-looking information, is for illustrative purposes only and should not be relied upon as necessarily being indic
Slide 4: Solid Power is the Leader in Solid-State Battery Technology
Solid Power is the Leader in Solid-State Battery Technology Compelling Investment Story Solid Product Solid Business Model 1 $300bn+ Market Multiple Shots on Goal – OEMs committed to EV growth – Cell manufacturing through licensing – Market has room for multiple winners – Electrolyte sales to partne
Slide 5: The Electric Vehicle Transition is Underway
Global EV Penetration as % of Sales The Electric Vehicle Transition is Underway In coming years, the EV market is expected to grow significantly 1 Annual Global Passenger EV Sales EV Battery Total Addressable Market (Millions of Vehicles Sold) ($ in Billions) 50 60% 45 100% EV adoption 50% 40 $590bn
Slide 6: Key Challenges of Current Lithium-Ion Technology
Key Challenges of Current Lithium-Ion Technology 2 3 1 4 Limited 2 Cells Must Be Kept Cool Elevated Safety Risk Expensive Pack Systems Drive Range Complex battery packs Lithium-ion battery On average, current EV Liquid electrolyte used in technology does not batteries are estimated to traditional li
Slide 7: Solid Power's All-Solid-State Platform is a Revolutionary Advancement
Solid Power’s All-Solid-State Platform is a Revolutionary Advancement A liquid and gel-free battery cell provides unique advantages over lithium-ion and other next-gen solutions Range Battery Life Safety Next Gen Cost Solid electrolyte Non-volatile, 100% Enables next gen Lower material and 1 482 vs
Slide 8: All-Solid-State vs. Lithium-Ion vs. Hybrid Solutions
All-Solid-State vs. Lithium-Ion vs. Hybrid Solutions All-Solid-State expected to deliver significant benefits over current and other emerging solutions Traditional 1 2 All-Solid-State Lithium-Ion Hybrid (Liquid + Solid) High Energy X Superior Safety X X Long Calendar Life X ? Low Cost ? ? All-Solid-
Slide 9: Two Product Groups
Two Product Groups Sulfide Solid Electrolytes Energy Dense Pouch Cells ▪ Proprietary sulfide-based solid ▪ Proprietary design and production electrolytes tuned for high of industry leading all-solid-state cells conductivity and lithium metal stability ▪ Intend to utilize top tier cell ▪ Best all-aro
Slide 10: One Flexible All-Solid-State Platform
One Flexible All-Solid-State Platform Solid Power’s solid electrolyte can accommodate existing and prospective cathode and anode materials Flexible platform allows use of alternative anode + cathode materials to suit specific performance requirements Core Technology: Solid Electrolyte Unique variant
Slide 11: Path to Leadership in Electrolyte Supply and All-Solid-State Cell Design
Path to Leadership in Electrolyte Supply and All-Solid-State Cell Design Unique model creates dual path to initial commercialization ▪ Electrolyte produced to feed pilot cell line▪ Internal production of prototype cells Today ▪ Electrolyte production scaled to feed 100 Ah cell line▪ Internal product
Slide 12: Electrolyte Production is Capital-Light
Electrolyte Production is Capital-Light Transferring cell production to commercial partners allows Solid Power to focus on core strengths and lower capex needs 4 Capex per GWh of Production Capacity Cell Production Capacity By Manufacturer Fully Commissioned Under Construction Announced 800 2 $88.4
Slide 13: Solid Power Product Roadmap
Solid Power Product Roadmap Sustaining a product roadmap with continuous performance improvements across three unique chemistries 390 Wh/ kg, 930 Wh / L 1 1,000+ cycle life 440 Wh/ kg, 930 Wh / L 1 <15 min charge (10 → 90%) 1 1,000+ cycle life 1 Silicon EV Cell <20 min charge (10 → 90%) A node Curre
Slide 14: Nearly Identical Production Process to Lithium-Ion
Nearly Identical Production Process to Lithium-Ion Solid Power is positioned to bring superior cells to market at scale through compatibility with lithium-ion processes Solid Power utilizes industry standard lithium- ion production processes and equipment Slurry Slot Die Drying Electrode Calendaring
Slide 15: Real Results on the Path to Commercialization
Real Results on the Path to Commercialization Rapid performance and manufacturing achievements 100 Ah 2022 2 2024 20 Ah 2 Ah 2020 0.2 Ah 2020 2019 EV Cell Line Under Construction 1-Layer, 5 x 10 cm Cell 10-Layer, 5 x 10 cm Cell 22-Layer, 9 x 20 cm Cell Cell Production Expected in 2022 1 Independentl
Slide 16: Validation from Automotive OEM Partners
Validation from Automotive OEM Partners Ford participated in Solid Power’s Series A funding in 2018, providing plan validation and capital Expanded JDAs announced in May 2021 Developing 100Ah aut omot ive cells for qualificat ion t est ing and vehicle int egrat ion via BMW and Ford Relationship dati
Slide 17: Pathway to Vehicle Start-of-Production (SOP)
Pathway to Vehicle Start-of-Production (“SOP”) Sulfide-based solid electrolyte, Silicon EV Cell and Lithium Metal EV Cell development timelines Commercialization Partner Pre A-Sample A-Sample B-Sample C-Sample D-Sample 2020 2021 2022 2023 2024 2025 2026 2027 Product Sulfide-Based Solid Electrolyte R
Slide 18: Path to Market – Upcoming Milestones
Path to Market – Upcoming Milestones 1 2 20 Ah Silicon EV Cells produced via MWh production ✓ 2 Ah Silicon EV Cells produced via MWh production line 2021 line 3 4 5 6 2 Ah Silicon EV 20 Ah Silicon EV 100 Ah EV cell Electrolyte Cells delivered Cells delivered pilot manufacturing produced at to auto p
Slide 19: Solid Power is the Leader in Solid-State Battery Technology
Solid Power is the Leader in Solid-State Battery Technology Compelling Investment Story Solid Product Solid Business Model 1 $300bn+ Market Multiple Shots on Goal – OEMs committed to EV growth – Cell manufacturing through licensing – Market has room for multiple winners – Electrolyte sales to partne
Slide 20: Thank You
Thank You 20
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