WOBURN, Mass. – Factorial, a leading company in the development of electric vehicle battery technology, has previewed its first 100 Amp-Hour battery cell at CES 2023 in the Stellantis exhibition space. This cell was developed as part of a joint development agreement between Factorial and Stellantis, which was announced in November 2021. The two companies have been collaborating to bring advanced solid-state battery technology to electric vehicles.
“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.”
The solid-state battery is expected to have an energy density up to 30% higher than conventional lithium ion batteries, which could potentially result in a longer driving range or lighter weight for electric vehicles. “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. Its FEST (Factorial Electrolyte System Technology) leverages current lithium ion battery manufacturing facilities, which saves production costs and time while improving energy density and safety.
