Automakers Mercedes-Benz and Stellantis announced agreements with U.S. institution Factorial Energy connected Tuesday to assistance make solid-state artillery exertion that they anticipation could marque electrical cars much charismatic to a wide market.
Mercedes-Benz, portion of Daimler AG, said it is joining forces with Factorial, based successful Woburn, Massachussetts, to jointly make batteries with the purpose of investigating prototype cells arsenic aboriginal arsenic adjacent year. It said it is "investing a precocious double-digit cardinal dollar magnitude successful Factorial" that volition springiness it the close to a typical connected the artillery company's board of directors.
Stellantis, which combined PSA Peugeot and Fiat Chrysler, said it signed a associated improvement statement with Factorial and is making a "strategic investment" successful the company. It didn't item the size of the investment.
Solid-state batteries person coagulated conducting worldly alternatively of the liquid electrolyte recovered successful astir existent lithium-ion batteries. They tin store much energy, expanding scope oregon allowing for smaller batteries.
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