$200 Million Says Solid-State Batteries Crack The Gasmobile Death Grip

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$200 Million Says Solid-State Batteries Crack The Gasmobile Death Grip
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$200 Million Says Solid-State Batteries Will Soon Crack Gasmobile Death Grip

A hot market is growing for solid-state batteries that function efficiently at room temperature, as demonstrated by a new $200 million round of Series D funding for the US energy storage startup Factorial Energy.Leading global automakers are suddenly going coo-coo for solid-state batteries, and for good reason. New solid-state technology promises longer range in a lighter, slimmer package than the current crop of EV batteries.

has been spinning its wheels since first identified in the early 19th century. Now, with the advent of modern materials science and high tech analytical tools, it finally has a chance to break free.over the past few years, with one main area of focus being the search for formulas that achieve the desired level of conductivity at room temperature.That brings us to Factorial Energy, one of several solid-state startups to have crossed theFEST™ caught the eye of Daimler and Stellantis .

“FEST…leverages a proprietary solid electrolyte material that enables safe and reliable cell performance with high-voltage and high-capacity electrodes at room temperature,” Factorial emphasizes. . In a press release last April, Frank Weber, Member of the Board of Management of BMW AG, Development explained that his company aims to produce “the greenest electric car in the world,” with a strong focus on the battery.

chimed in last November with a breakthrough that involves a cost effective, scalable method for joining the various materials used in solid state batteries, which is considered “one of the big challenges” in the field.

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