Solid Power stock news

On June 8, 2026, BMW Group, a primary strategic partner of Solid Power Inc. (NASDAQ: SLDP), disclosed in a Schedule 13D/A filing with the SEC that it has reduced its ownership stake in the company to below the 5% threshold. Despite the reduction in equity, the filing confirmed that BMW will maintain its board representation rights and continue its technical collaboration with Solid Power. The partnership remains focused on the development and validation of sulfide--based solid--state battery cells for integration into BMW's future electric vehicle fleets.

Sources