Stellantis and Factorial Accelerate EV Innovation with Solid-State Battery Partnership

0
111
Representational image. Credit: Canva

Stellantis N.V. and Factorial Inc. have announced a significant advancement in their partnership aimed at accelerating the development and deployment of next-generation electric vehicles (EVs) powered by Factorial’s solid-state battery technology. This effort builds on Stellantis’s $75 million investment in Factorial made in 2021.

By 2026, Stellantis plans to launch a demonstration fleet of all-new Dodge Charger Daytona vehicles equipped with Factorial’s solid-state batteries, a crucial step toward commercializing this cutting-edge technology. The demonstration fleet will help validate Factorial’s technology and evaluate its performance in real-world driving scenarios.

Factorial will provide Stellantis with cells utilizing its proprietary FEST® solid-state battery technology, which boasts an energy density exceeding 390 Wh/kg. The FEST® technology offers significant advantages over traditional lithium-ion batteries, including higher energy density, reduced weight, improved performance, and the potential for lower overall vehicle costs in the future, making it ideal for next-generation EVs.

Stellantis has chosen the STLA Large multi-energy platform for this innovative technology, focusing on high-volume electric SUVs and performance vehicles. As a key element of Stellantis’ Dare Forward 2030 strategic plan, the STLA Large platform encompasses brands such as Jeep®, Dodge, Chrysler, Alfa Romeo, and Maserati, and is designed to support up to two million vehicles globally, perfectly aligning with this groundbreaking battery technology. “This demonstration fleet is an important milestone in our partnership with Factorial,” said Ned Curic, Stellantis’ Chief Engineering and Technology Officer. “By integrating Factorial’s innovative battery solution into the STLA Large platform, we are validating its potential to enhance our electric vehicle lineup, ensuring customers benefit from improved performance, longer driving ranges and faster charging times in the coming years.”

ALSO READ  Nawgati Selected Among Top Startups for Google’s Apps Accelerator

“We are honored to be part of this journey with Stellantis to accelerate the adoption of electric vehicles,” said Siyu Huang, Factorial’s CEO and Co-Founder. “We believe solid-state technology can play a crucial role in enabling the next generation of EVs with improved performance and reduced costs.”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.