Factorial opens solid-state battery factory in Methuen, Boston, ushering in major changes in the electric vehicle market

News on October 24th, Factorial recently announced that it has opened a brand new factory in Methuen, a suburb of Boston, Massachusetts, designed to produce revolutionary solid-state batteries. This move will trigger major changes in the electric vehicle industry. .

Solid-state batteries have significant advantages in energy density and thermal runaway risk control. Compared with traditional liquid lithium-ion batteries, they charge faster, effectively reducing battery life anxiety during long-distance travel. The proprietary quasi-solid electrolyte technology developed by Factorial, known as Factorial Electrolyte System Technology (FEST), can be easily integrated into existing lithium-ion battery production equipment, reducing production costs.

According to the editor’s understanding, as important manufacturers in the field of electric vehicles, industry giants such as Mercedes-Benz, Stratis and Hyundai Motor have all invested in Factorial We will provide strong support for the construction of the new factory and work together to develop this unique quasi-solid electrolyte technology. The new factory will first put into operation a cathode coating production line, and plans to expand in the future to accommodate the largest solid-state battery assembly line in the United States, with an annual production capacity of up to 200 megawatt hours. However, a specific timetable for the expansion has not yet been announced.

Carlos, CEO of Stellantis Tavares said it is expected that by 2026, the solid-state batteries developed by Factorial may provide up to a 30% increase in energy density compared to traditional lithium-ion batteries, and the next generation of batteries is expected to increase this density gap to 50%. This breakthrough increase in energy density will help increase the driving range of electric vehicles and further promote the popularity of electric vehicles around the world.

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