Made-in-America solid-state batteries for electric vehicles (EV) may not be far away. Thanks to government support, start-up company Factorial Energy opened its first US assembly facility in October 2023 in the Boston suburb of Methuen in Massachusetts. It’s a small step in itself but with significant implications for the acceleration of efficient, affordable and scalable e-mobility.
“The US offers a huge opportunity at the moment,” says Factorial Founder and Chief Executive Siyu Huang. “There is simply no major American company involved in cell-making today. All the big fives are based out of Asia, and they represent more than 90% of the global market right now.”
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