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Factorial & SK On Forge Solid-State Battery Future
5 Aug
Summary
- Factorial Energy partners with SK On for next-gen solid-state batteries.
- Collaboration aims to leverage SK On's manufacturing for SSB development.
- Focus on integrating Factorial's technology into existing infrastructure.
Factorial Energy Inc., a United States-based company, has entered into a Memorandum of Understanding with SK On, a South Korean battery manufacturer. This collaboration is designed to explore potential manufacturing synergies for next-generation solid-state batteries (SSB).
The partnership unites Factorial's cutting-edge cell technology and scale-up expertise with SK On's extensive global manufacturing network and pilot capabilities. A primary goal is to evaluate the integration of Factorial's FEST SSB technologies within SK On's existing lithium-ion battery manufacturing infrastructure.
SK On, a significant supplier to major automotive OEMs, possesses substantial global production capacity, including a notable presence in the United States. The companies will jointly assess the technical feasibility and manufacturing considerations for Factorial's SSB technology. This strategic alliance underscores Factorial's capital-light approach, aiming to accelerate industrialization by utilizing established manufacturing ecosystems.
