Abstract
Several partnerships to develop next-generation battery technology have been announced as the race intensifies to increase electric vehicle battery performance and reduce production costs. Woburn, Massachusetts–based Factorial Energy, one of C&EN’s 10 Start-Ups to Watch in 2021 , has formed partnerships with the automakers Mercedes-Benz and Stellantis, both of which are investing in Factorial. The start-up develops solid-electrolyte lithium-ion batteries that are highly energy dense. “With Factorial as our new partner, we are taking research and development in the field of promising solid-state batteries to the next level,” Markus Schäfer, board member of Daimler and Mercedes-Benz, says in a press release announcing the deal . “We are investing a high double-digit million dollar amount in Factorial.” Factorial claims its battery offers 20–50% greater range per charge while remaining cost competitive with conventional lithium-ion batteries. The engine manufacturer Cummins has formed a partnership with Sion Power, a Tucson, Arizona–based developer of
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