Even more exciting, the company works with scientists and the University of Oxford to develop the technology. It then wants to have completed engineering on the technology by 2026 and potential mass production by 2028. With an expense ratio of 0.75%, the LIT ETF provides coverage for everything from mining and refining the metal through battery production.īy 2025, Nissan (OTCMKTS: NSANY) plans to have a pilot solid-state battery plant up and running. (OTCMKTS: LGCLF), Livent Corporation (NYSE: LTHM) and dozens more, offering solid diversification among top lithium and battery tech names. (OTCMKTS: BYDDY), Tesla (NASDAQ: TSLA), LG Chem Ltd. Some of the ETF’s top holdings include Albemarle (NYSE: ALB), BYD Co. If you’re looking for broader exposure to the battery market, you can always pick up the Global X Lithium & Battery Tech ETF (NYSEARCA: LIT), which invests in the full lithium cycle. Global X Lithium & Battery Tech ETF (LIT) Department of Energy awarded the company over $5 million to develop its technology, which according to “could significantly help lower the price of EV batteries.” That agreement helped the company see $3.8 million in revenue in the first quarter of 2023, up $1.6 million year-over-year.Īlso, earlier this year, the U.S. In addition, the firm added that SLDP is a “well-funded call option.” Solid Power has been working to expanded its relationship with BMW (OTCMKTS: BMWYY) through a joint development agreement. For one, analysts at Needham just reinstated its buy rating, with a $5 price target. While its chart is nothing to write home about, keep an eye on Solid Power (NASDAQ: SLDP). That being said, here are some of the top solid-state battery technology stocks to buy. Moving forward, analysts say the global solid-state battery market, worth $47.2 billion in 2022, could be worth about $177.4 billion by 2033. This is thanks the fact they are made from a polymer or ceramic material. We also have to consider that solid-state batteries are safer than others because they are considered to be chemically stable. That’s because solid-state batteries can reportedly help improve performance and lead to a longer vehicle lifespan. Even better, solid-state batteries could be the next big thing for electric vehicle companies.
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