SK On and Factorial Energy announced a new alliance that will focus on bringing solid-state batteries to the masses.
SK On and Factorial team up on solid-state EV batteries
Solid-state batteries have the potential to deliver significantly higher energy density, longer driving ranges, and faster charging than traditional lithium-ion batteries, but manufacturing them at scale remains a challenge.
Finding a solid electrolyte that’s conductive and won’t crack or break still poses a challenge, and manufacturing them can be expensive.
South Korea’s SK On and US-based Factorial Energy will pool their resources in an effort to manufacture solid-state batteries at scale.
