The installation of its automated EV cell pilot line is designed to produce EV-scale sulfide-based all-solid-state battery cells, with expected delivery of its silicon EV cells to automotive partners by year-end to commence qualification testing.
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Mercedes-Benz, Stellantis, and Hyundai/Kia have gotten behind Factorial Energy’s breakthrough solid-state technology, which addresses key issues of driving range and safety, with what it says is the first 40-Ah solid-state battery cell for EVs and other applications.
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The lithium-ion, silicon-dominant, 4680 cylindrical-cell prototype, which can be fully charged in 10 min, marks another milestone on a roadmap to deliver mass-produced XFC batteries by 2024 and next-generation XED (extreme energy density) solid-state technologies in 2028.
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A new report from IDTechEx predicts the battery market for solid-state technology will grow to $8 billion by 2031.
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