Solid Power DCRC+ Financial Overview slide image

Solid Power DCRC+ Financial Overview

Compelling Market Opportunity The All-Solid-State Value Proposition Step function improvements over lithium-ion projected in essential areas 843 Vehicle range¹ 482 miles (↑ 80%) Calendar life >2x (Li-ion: 8 years) ASSB Price Net of Incremental Value to Auto OEM² $/kWh cell price $142/kWh Safety Not-volatile due to removal of all liquid and gels Cost Simplified and lower cost packs Reduced warranty cost Vehicle design flexibility Cycle life 1,000+ cycles (369,000 miles) Charge rate <20 minutes (10 90% charge) Power1 922 HP (↑ 15%) $85/kWh 10-20% 0-5% 5-10% $55-70/kWh Environment No material recycling concerns Lithium-lon Today Solid Power Energy Density Premium Safety Premium Pack-Level Cost Savings Net Value Adj. Price Initial demand driven by premium vehicles Rapid mass market adoption expected as cost parity achieved c. 2030 Source: Solid Power cell performance metrics are initial commercialization design targets for lithium metal anode cell. 1. Comparison based on a 77 kWh lithium-ion pack with cylindrical cells (i.e. Tesla Model 3 Pack) with a system volume of 329 L. Solid Power mileage assumes a constant 329 L system volume delivering 138 kWh with a pack mass of 481 kg, utilizing lithium metal anode cell design. 2. Solid Power estimates. Solid Power DCRC+ 19
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