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Factorial Opens New U.S. Manufacturing Facility for Solid-State Battery

Factorial Inc. announces the opening of its new battery manufacturing facility in the Boston suburb of Methuen, Mass. Factorial is an industry leader in the development of solid-state battery technology for electric vehicle (EV) applications. Mainly, the state-of-the-art facility represents a significant step in scaling up the production of Factorial’s innovative solid-state battery technology for EVs. In relation, they held an opening ceremony at the facility in Methuen. Governor Maura Healey and Methuen Mayor Neil Perry graced the event.

“We are thrilled to open our next-generation battery facility in Massachusetts as we scale our batteries for mass production,” said Siyu Huang, CEO of Factorial. “This facility will enable us to manufacture cells to meet the needs of our automotive partners. Also, it will progress our mission to commercialize solid-state batteries. As a U.S. company, we’re also proud to contribute to the onshoring of battery manufacturing for EVs and advancement of battery innovation for a differentiated supply chain.”

Factorial Electrolyte System Technology (FEST) solution

Moreover, the new facility represents a $50 million investment that will create over 150 local jobs. Located in the greater Boston area, Factorial’s operations remain close to its newly opened R&D facility and corporate headquarters. This setup advances the production of Factorial’s solid-state battery technology for its automotive partners. Also, the current footprint will accommodate up to a 200MWh assembly line. This will be the largest solid-state battery assembly line in the U.S.

“Factorial continues to drive the battery industry forward and this milestone is no exception,” said Joe Taylor, Executive Chairman of Factorial and Former Chairman and CEO of Panasonic Corporation of North America. “Automaker demand for American-made batteries is high to produce electric or hybrid vehicles that qualify for incentives. Our facility will manufacture automotive-sized solid-state batteries at pre-production speed and volume. This illuminates a clear path to mass production and reach economies of scale.”

Mainly, the proprietary Factorial Electrolyte System Technology (FEST®) quasi-solid-state batteries are ideal for higher energy density and safety relative to lithium-ion batteries. As Factorial Energy scales up solid-state battery production, the company maintains its commitment to drive sustainability. Also, it is commited to develop technology that powers the EV revolution.