Factorial is rallying a team of suppliers to get solid-state batteries into cars
Factorial Energy has signed a joint development agreement with Japan’s Mitsui Kinzoku for solid electrolytes, the latest in a run of partnerships its chief executive says are necessary because no single company can bring all-solid-state batteries to market. ProLogium, which is building Europe’s solid-state gigafactory at Dunkirk, is already mass-producing all-solid-state cells in Taiwan.
Factorial Energy has signed a joint development agreement with Japan’s Mitsui Kinzoku to industrialise its all-solid-state platform, the latest in a run of partnerships, InsideEVs reported. “Battery innovation can’t be done by one single company,” chief executive Siyu Huang said. The company listed on Nasdaq in June.
That is an unusual thing for a battery startup to say out loud.
The coalition splits the problem up. Posco Future M handles anodes and cathodes, Korea’s Phil Energy covers manufacturing tools, and Factorial is exploring how to scale with SK On. Factorial says it...
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