Factorial, a developer
of solid-state battery technologies has opened a new battery manufacturing
facility in Methuen, a suburb in Boston, MA. The new facility represents an
investment of $50 million (€47.2 million) and will help the company scale up
production of its solid-state battery technology for EVs.
Located in the greater Boston area, Factorial’s operations remain close to its newly opened R&D facility and corporate headquarters, advancing the production of Factorial technologies for its automotive partners. The manufacturing facility’s current footprint will accommodate up to a 200-MWh assembly line which will support the production of Factorial’s Factorial Electrolyte System Technology (FEST) batteries. The FEST quasi-solid-state batteries enhance the energy density and safety offered in lithium-ion batteries.
Energy scales up solid-state battery production, the company has said that it
will maintain its commitment to driving sustainability and developing technologies
to support electrification.