Bidenomics in action: The US startup Factorial is celebrating its new solid-state EV battery factory in Massachusetts.
The Biden administration has been trying to make American manufacturing happen again, and happening it is. The latest sign of a domestic nuts-and-bolts revival comes from the US startup Factorial Energy, which is launching a new solid-state EV battery factory in its home state of Massachusetts. If all goes according to plan, the new high-performance batteries will help push gasmobiles out the door sooner rather than later.
A major breakthrough occurred in 2017, when a team based at the University of Texas Cockrell School of Engineering introduced their solid-state battery with an. The teamwork combined UT Professor John Goodenough with senior research fellow Maria Helena Braga, who had previously worked on glass electrolytes at the University of Porto in Portugal.The UT breakthrough sparked a ripple of excitement through the world of EV battery research, but it took a few more years for investors to catch on.
The company’s Executive Chairman, Joe Taylor , also notes that the new factory will enable US automakers to take advantage of tax incentives, which are available to domestic manufacturers under the Inflation Reduction Act. Even without post-consumer recycling, lithium recovery from factories is expected to make a significant contribution to the lithium supply chain. “Today, it is estimated in the U.S., less than 10% of lithium batteries are recycled, with experts forecasting that in 2025, production scrap will account for 78% of the pool of recyclable materials from batteries,” Factorial explains.
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