Jump to content
Create New...
  • G. David Felt
    G. David Felt

    US Solid State Battery Company Factorial Energy Signs Major Auto OEMs

      US battery company Factorial Energy based in Woburn Massachusetts secures major Auto OEMs for their groundbreaking 40 Ah solid state battery. Bringing superior energy density, safety and scalability to the OEM EV industry.

    Factorial Energy has had a major 4th quarter as they secured Agreements with Stellantis, Daimler, Hyundai and Kia to use their 40Ah battery packs in their electric vehicles.

    FactorialEnergy-Solid-State.jpg

    The company backed by major investors such as Former President and CEO of Ford Motor Company, Mark Fields; former senior advisor to the Obama Administration's presidential task force on the Auto Industry, Harry Wilson and investment firms Gatemore Capital Management and Wave Equity Partners have enabled Factorial to jump from a tech startup doing research to a commercial production company.

    Factorial Energy has stated that for EVs to go from a global 4% capture of the global car sales market to a dominate primary auto, buyers need to see dramatic price and performance improvements in the battery systems. Factorials proprietary battery breakthrough called FEST (Factorial Electrolyte System Technology) is a solid electrolyte material that enables save and reliable cell performance with high-voltage and high-energy density electrodes. FEST is safer than conventional current EV battery technology. Fest battery packs have yielded a 20 to 50% improvement in driving range without sacrificing pack longevity and are easy to integrate into existing supply chains.

    Earlier this year, Factorial Energy has stated that several major automotive partners were validating their technology in real world auto testing. This clearly has completed as they currently announced agreements with Stellantis, Daimler, Hyundai and Kia for jointly developing from the cell-level to modules and vehicle integration production of their 40Ah solid state battery cells.

    Factorial Energy with their new partners is building plants around the world to ramp up production for new EVs that are coming out through 2025.

    Every company is taking a different approach to working with Factorial Energy. Daimler is looking to use it in a limited series to get EVs out onto the market as they R&D and work to build their own batteries. Hyundai and Kia look to use this company in all EVs as one of many suppliers in getting EVs into mainstream use and purchasing. Stellantis has stated these batteries will be used across the whole company portfolio from Americus brands, to European, Asian and into Africa. Stellantis sees these solid-state batteries as a starting point for mass adoption of global EVs.

    As Factorial likes to state, for ages, the promise of an affective, safe solid-state battery has been the ultimate unattainable goal - ideal, enticing but always out of reach.

    Consider this Quote:

    "The storage battery is, in my opinion, a catchpenny, a sensation, a mechanism for swindling the public by stock companies."

    The speaker: Thomas Edison, The year: 1883.

    138 years later, that sentiment has held true.

    Factorial Energy has invested heavily in solid-state battery research over the past 6 years and their process is a practical customer-driven solution, a balanced performance-profile solid-state cell that scales at a reasonable cost. Applications perfect for this solid-state battery cell are EVs, Hi-Spec such as electric planes and stationary storage.

    Transformational solid-state battery technology that is empowering a sustainable future with the highest performance and safest batteries for electric vehicles, homes and critical applications is the message from Factorial Energy.

    Join the Future!

    Solid-state Battery & Technology News | Factorial (factorialenergy.com)

    Hyundai, Kia and Factorial Energy to Jointly Develop Solid-State Batteries for Next Generation Electric Vehicles - Hyundai Newsroom

    Stellantis and Factorial Energy to Jointly Develop Solid-State Batteries for Electric Vehicles | Stellantis

    Solid-state batteries: Mercedes-Benz teams up with Factorial Energy - Daimler Global Media Site


    User Feedback

    Recommended Comments

    Edison had a point in his day.   He had a point when the GM EV1 was out on the streets.

    If this can be done cheaply, then maybe we as a society can quietly abandon fossil fuels for good.  I do hope that these batteries can survive a Minneapolis/Saint Paul winter or three to be truly viable.

    Link to comment
    Share on other sites



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.


  • google-news-icon.png



×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search