Solid-state EV batteries are now being tested on the road in North America for the first time, promising longer range, faster charging, and lower costs.
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Its solid-state batteries have already proven capable of delivering over 745 miles (1,200 km) of real-world driving range. Now, US-based solid-state battery maker Factorial Energy is tapping into public markets to fund its next phase of growth.
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After securing another major partnership, Factorial is closing in on bringing its “groundbreaking” all-solid-state EV battery platform to global markets.
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Solid-state EV batteries, deemed the “holy grail” of battery tech, are moving from the lab to reality, even in the US.
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Its solid-state batteries are already showing promise with real-world tests delivering over 745 miles of range on a single charge. Now, Factorial Energy is going public as it aims to bring the promising new battery tech to market as soon as 2027.
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US-based Factorial Energy and South Korea’s POSCO FUTURE M are teaming up on all-solid-state batteries, the “holy grail” of battery tech.
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The race for the “holy grail” of EV batteries is heating up. Mercedes-Benz is testing the world’s first production EV with a solid-state battery, promising to deliver over 621 miles of driving range.
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Factorial is making swift progress on its all-solid-state EV batteries, which were introduced with Mercedes-Benz just a few months ago. Its first all-solid-state EV battery cells, promising to boost energy density by up to 80%, reached a significant milestone.
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Mercedes unveiled its new all-solid-state EV batteries promising higher energy density and safety. Developed with Factorial, its new all-solid-state battery “breakthrough” can extend EV range by up to 80%.
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Seven months after shipping out A-samples of its 100+ amp-hour (Ah) solid-state battery cells to automotive partners, Factorial Inc. is sending more energy-dense B-samples to Mercedes-Benz. Through a joint development agreement with Factorial, Mercedes will further validate the next phase of solid-state batteries, moving one step closer to integration in future passenger EVs.
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Two next-generation battery material and cell manufacturers are cooperating to expedite solid-state battery development. LG Chem and Factorial Energy have signed a Memorandum of Understanding, hoping to eventually lead the solid-state battery segment with a strategic partnership.
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Solid-state battery developer Factorial Energy announced it has begun operations at its new state-of-the-art facility in Massachusetts. The new facility serves as a key milestone as Factorial looks to scale its solid-state technology for EV implementations.
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Solid-state battery developer Factorial Energy has announced a major milestone in bringing its energy-dense cells to EVs one day. A-Samples of its 100+ Ah Factorial Electrolyte System Technology (FEST) solid-state battery cells are making their way to the company’s automotive partners around the globe – who those specific OEMs are though is up for dispute.
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Solid-state battery developer Factorial Energy has announced a new partnership with South Korean metal refining company, Young Poong, to research and implement lithium-metal recycling into its production practices. Through the investment, Factorial hopes to reuse excess metal materials to create a more circular economy.
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Solid-state battery developer Factorial Energy has received globally recognized certification from the United Nations to begin safely shipping its technology to customers around the globe. In turn, the company’s solid-state batteries move one step closer to automotive qualification for full-scale integration into EVs.
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