Factorial Inc. (Factorial), an electric vehicle (EV) battery leader developing next-generation solid-state battery cells, today announced the company’s first 100 Amp-Hour (Ah) battery cell was previewed at CES 2023 in the Stellantis exhibition space. Developed as part of Factorial and Stellantis’ joint development agreement announced in November 2021, this cell results from the two companies’ continued collaboration to bring advanced solid-state battery technology to electric vehicles.
“The solid-state battery is expected to deliver up to 30% higher energy density compared to conventional lithium ion, which could enable an even longer driving range or less weight. ‘More with less’ is the way to lead the way the world moves.”
“Factorial is excited to showcase our large format solid battery cells in an automotive battery pack concept application at this year’s CES,” said Siyu Huang, CEO of Factorial. “Solid-state battery technology is rapidly advancing, and Factorial is proud to be at the forefront of cell development. We are immensely grateful to Stellantis for their close collaboration and partnership in bringing our technology to market.”
“We are thrilled to be partnering with Factorial, as part of our Dare Forward 2030 strategic plan, to develop a proprietary technology that uses less cobalt,” said Carlos Tavares, Stellantis CEO. “The solid-state battery is expected to deliver up to 30% higher energy density compared to conventional lithium ion, which could enable an even longer driving range or less weight. ‘More with less’ is the way to lead the way the world moves.”
Factorial is committed to delivering high performance, sustainable and safe batteries to power electric vehicles. Factorial’s FEST™ (Factorial Electrolyte System Technology) leverages current lithium ion battery manufacturing facilities, which saves production costs and time, while improving energy density and safety.
