{"id":122267,"date":"2021-10-03T03:28:32","date_gmt":"2021-10-03T03:28:32","guid":{"rendered":"https:\/\/fin2me.com\/?p=122267"},"modified":"2021-10-03T03:28:32","modified_gmt":"2021-10-03T03:28:32","slug":"cramer-loves-this-ford-and-bmw-backed-battery-maker-set-to-go-public-as-an-electric-vehicle-play","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/cramer-loves-this-ford-and-bmw-backed-battery-maker-set-to-go-public-as-an-electric-vehicle-play\/","title":{"rendered":"Cramer loves this Ford and BMW-backed battery maker set to go public as an electric vehicle play"},"content":{"rendered":"<ul>\n<li>CNBC&#x27;s Jim Cramer is bullish on soon-to-be-public battery maker Solid Power as a &quot;zero hype&quot; electric vehicle play.<\/li>\n<li>The solid-state battery manufacturer counts Ford and BMW among its investors and makes technology that Cramer said could change the game for electric vehicle makers.<\/li>\n<li>Solid Power is set to go public via a merger with special purpose acquisition company Decarbonization Plus Acquisition Corp III.<\/li>\n<\/ul>\n<p>CNBC&#x27;s Jim Cramer is bullish on soon-to-be-public battery maker Solid Power as a &quot;zero hype&quot; electric vehicle play.<\/p>\n<p>The solid-state battery manufacturer counts Ford and BMW among its investors and makes technology that Cramer said could change the game for electric vehicle makers.<\/p>\n<p>&quot;We know the biggest bottleneck for electric vehicles is the battery,&quot; Cramer said. &quot;Fortunately, there&#x27;s an alternative in the works \u2014 solid-state battery technology \u2014 that&#x27;s lighter, cheaper, longer-lasting and much less likely to catch on fire.&quot;<\/p>\n<p>Solid Power is set to go public via a merger with special purpose acquisition company Decarbonization Plus Acquisition Corp III.<\/p>\n<p>&quot;Now there&#x27;s a solid-state battery play with zero hype,&quot; Cramer said.<\/p>\n<p>Solid Power&#x27;s co-founder and CEO Doug Campbell appeared on CNBC&#x27;s &quot;Mad Money&quot; Friday to share how solid-state batteries could impact the electric vehicle industry.<\/p>\n<p>&quot;In a solid-state battery we have replaced that volatile and flammable liquid and gel polymer electrolyte with a very stable, solid ion conducting material,&quot; Campbell said. &quot;Our cells may still fail, but they do so in a very benign. non-catastrophic manner&#8230; In other words, instead of a thermal runaway on your hands, you simply have a dead brick.&quot;<\/p>\n<p>The improved technology could cut expenditures for automakers, Campbell explained.<\/p>\n<p>&quot;We believe, and our [original equipment manufacturer] partners believe, that the design of future EV battery packs incorporating solid-state batteries will be substantially simpler,&quot; Campbell said. &quot;So that would drive down the cost.&quot;<\/p>\n<p>Cramer noted Decarbonization Plus Acquisition Corp III&#x27;s stock closed at the $10 level Friday, potentially offering an affordable entryway into an investment opportunity.<\/p>\n<p>&quot;You heard Ford&#x27;s endorsement. You do the homework. I think sounds like a very interesting situation,&quot; Cramer told viewers.<\/p>\n<p>Questions for Cramer?<br \/> Call Cramer: 1-800-743-CNBC<\/p>\n<p>Want to take a deep dive into Cramer&#x27;s world? Hit him up!<br \/> Mad Money Twitter &#8211; Jim Cramer Twitter &#8211; Facebook &#8211; Instagram<\/p>\n<p>Questions, comments, suggestions for the &quot;Mad Money&quot; website? madcap@cnbc.com<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/10\/01\/electric-vehicles-cramer-loves-this-battery-maker-backed-by-ford-bmw.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC&#x27;s Jim Cramer is bullish on soon-to-be-public battery maker Solid Power as a &quot;zero hype&quot; electric vehicle play. The solid-state battery manufacturer counts Ford and [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":122266,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cramer loves this Ford and BMW-backed battery maker set to go public as an electric vehicle play - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/cramer-loves-this-ford-and-bmw-backed-battery-maker-set-to-go-public-as-an-electric-vehicle-play\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cramer loves this Ford and BMW-backed battery maker set to go public as an electric vehicle play - Fin2me\" \/>\n<meta property=\"og:description\" content=\"CNBC&#x27;s Jim Cramer is bullish on soon-to-be-public battery maker Solid Power as a &quot;zero hype&quot; electric vehicle play. 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