After Stellantis, Mercedes also invested in Factorial Energy as part of the agreement to have the technology for the solid state batteries that the American company is developing. Technology that will be very important for the German brand. In fact, solid state batteries allow important advantages especially in terms of autonomy and recharging. For the moment, for & ograve ;, & egrave; still everything on paper since a first generation of these accumulators is; generally expected around 2024-2026.
Factorial Energy & # 39; announcement of the investment also by Mercedes & egrave; interesting especially because & eacute; we come to find out how much the American company is managed to collect from the new investment round which was also attended by the two car manufacturers. Overall, Factorial has raised $ 200 million . We do not know, in detail, how much Mercedes and Stellantis have contributed individually.
ACCELERATE PRODUCTION AND IMPROVE TECHNOLOGY
These new funds, explains the company, will be used to accelerate commercial production and # 39; technology implementation of its solid state batteries. As we have seen, the company has developed a technology that it has called FEST (Factorial Electrolyte System Technology) which uses a solid electrolytic material capable of offering safe and reliable performance. This technical solution is already been successfully applied in 40Ah cells and for production & egrave; Most of the existing equipment can be used.
The company & agrave; americana also remembers that it will start & agrave; in the course of 2022 the construction of a pilot production plant which will be; located in the New England region. In addition to Mercedes and Stellantis, Factorial Energy will collaborate for the development of solid state batteries as well with Hyundai.
Given the names of the manufacturers who believe in the work of this company, it will be; very interesting to follow the developments of this technology.
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