Factorial Energy Raises $200m To Accelerate Commercialization of its Novel Solid-state Batteries

US-based solid-state battery technology company Factorial Energy has raised $200 million as part of a Series D round of funding that was led by Mercedes-Benz and Stellantis. Funding will be used to accelerate commercial production and deployment of Factorial’s solid-state battery technology that is safer and offers up to 50 percent greater driving range than current […]