Solid-state battery maker Factorial secures another big partnership
Battery maker Factorial Energy has partnered with Mitsui Kinzoku, a Japanese manufacturer, to help scale up production of solid-state batteries. These batteries are considered a next step beyond today's lithium-ion cells, promising more range and faster charging. Mitsui Kinzoku makes a key material called solid electrolyte, which it will mass-produce at a plant in Saitama, Japan, to pair with Factorial's battery platform, called Solstice.
This isn't a product you can buy yet. It's part of a broader effort by Factorial to line up partners across the supply chain, following deals with automakers Mercedes-Benz, Stellantis, and Hyundai, as well as battery maker SK On, which supplies Ford and Volkswagen among others. Factorial says its battery technology offers notably higher energy density than standard lithium-ion batteries and can charge quickly, from 15% to 90% in under 20 minutes in testing. A modified Mercedes EQS using these cells drove over 745 miles on a single charge in earlier testing, and Stellantis has been road-testing a Dodge Charger prototype with the technology.
For homeowners, this doesn't affect home batteries or rebates right now. It's aimed at electric vehicles first, with Factorial's CEO suggesting the technology could appear in EVs as early as 2027, likely starting with luxury or high-performance models before reaching mainstream cars. If you're weighing an EV purchase down the road, this is a sign that longer range and faster charging could become available in coming years, but nothing here changes home charging setups or costs today.
Get rebate alerts for your state
Free weekly digest. Unsubscribe anytime. Privacy policy.
Rebates change. See what your state pays now.
Every federal, state, and utility program in one place, each stamped with the date it was last verified against the administering agency.