MEDIUMBuilt-inCommodity
Li2S precursor material
“10-K Item 1: 'Our electrolyte is made from abundant materials produced at industrial scale in multiple geographical locations, except for the Li2S precursor material.'”
SLDP · Concentration risk · 10-K extracted
Solid Power (SLDP) concentration risks
Updated
The most significant concentration Solid Power discloses is Li2S precursor material, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Solid Power’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH0
MEDIUM4
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyGeographic
Republic of Korea
“10-K Item 1: 'the majority of our electrolyte volume went to our partners in the Republic of Korea in 2025'”
MEDIUMOutside partyCustomer
BMW, Samsung SDI, and SK On
“10-K Item 1A: 'We currently have agreements with a limited number of partners, including BMW, Samsung SDI, and SK On, pursuant to which we are collaborating'”
MEDIUMOutside partyCounterparty
government contracts and grants
“10-K Item 1: 'We rely on government contracts and grants for a portion of our revenue and to partially fund our research and development activities'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Solid Power's concentration profile spans four dimensions, all disclosed at a comparable, moderate share of the business. On the supply side, the company notes that its electrolyte is made from abundant, multi-sourced materials except for the Li2S precursor material, a structural single-point dependency embedded in its manufacturing process rather than a commercial relationship. Geographically, the majority of its electrolyte volume shipped to partners in the Republic of Korea in 2025, showing how concentrated its commercial footprint currently is in one region. On the customer side, Solid Power has agreements with a limited number of partners — BMW, Samsung SDI, and SK On — so near-term revenue and validation depend on a small handful of automotive and battery-cell relationships rather than a broad customer base. Layered on top, the company relies on government contracts and grants for a portion of its revenue and R&D funding, adding a policy-sensitive dependency. None of these four exposures dominates outright, but together they describe a company whose supply chain, geography, customer base, and funding are all narrow, so a disruption in any one could meaningfully affect the trajectory before diversification takes hold.
For the engine’s reasoning on SLDP’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Auto Parts
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ALSN | Allison Transmission Holdings, | 3 | 0 | 1 | 4 |
| APTV | Aptiv PLC | 1 | 2 | 1 | 4 |
| ALV | Autoliv, Inc. | 1 | 2 | 0 | 3 |
| SLDP● | Solid Power, Inc. | 0 | 4 | 0 | 4 |
| ADNT | Adient plc | 0 | 1 | 0 | 1 |
| AAP | Advance Auto Parts Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.