Factorial Energy and Hyundai are partnering to test Factorial’s solid-state battery technology and its implementation in Hyundai EVs. The companies will integrate Factorial’s technology at the cell, module and system levels, perform vehicle-level integration, and co-develop specifications for manufacturing Factorial’s batteries.
Factorial’s FEST (Factorial Electrolyte System Technology) platform leverages a proprietary solid electrolyte material that enables safe and reliable cell performance with high-voltage and high-capacity electrodes, and has been scaled in 40 Ah cells that perform at room temperature. The company says FEST is safer than conventional lithium-ion technology, can extend driving range by 20 to 50 percent, and is drop-in compatible for integration into existing battery manufacturing infrastructure.
“Our partnership with Hyundai is yet another validation of our solid-state battery technology, and we look forward to demonstrating its market readiness in Hyundai vehicles,” said Factorial CEO Siyu Huang. “We can help unlock mass adoption of electric vehicles through our safe and long-range batteries.”
“The Hyundai CRADLE team has been impressed with Factorial’s management team, technology, and novel manufacturing approach, which could make the transition to solid state seamless and cost-effective,” said Henry Chung, VP of CRADLE.
Source: Hyundai
