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Stellantis and Factorial Take Next Step to Accelerate the Future of Electric Vehicles with Solid-State Battery Technology

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Stellantis and Factorial are advancing their partnership by integrating Factorial's solid-state batteries into a demonstration fleet of new Dodge Charger Daytona vehicles by 2026. The initiative builds on Stellantis' $75 million investment in Factorial from 2021. The batteries, featuring Factorial's FEST® technology with over 390Wh/kg energy density, will be implemented in vehicles based on the STLA Large platform, which supports up to two million vehicles globally. This platform serves brands including Jeep, Dodge, Chrysler, Alfa Romeo, and Maserati. The collaboration aims to validate the technology's performance in real-world conditions.

Stellantis e Factorial stanno progredendo nella loro partnership integrando le batterie a stato solido di Factorial in una flotta dimostrativa di nuovi veicoli Dodge Charger Daytona entro il 2026. L'iniziativa si basa sull'investimento di 75 milioni di dollari di Stellantis in Factorial del 2021. Le batterie, caratterizzate dalla tecnologia FEST® di Factorial con oltre 390Wh/kg di densità energetica, saranno implementate in veicoli basati sulla piattaforma STLA Large, che supporta fino a due milioni di veicoli a livello globale. Questa piattaforma serve marchi tra cui Jeep, Dodge, Chrysler, Alfa Romeo e Maserati. La collaborazione mira a convalidare le prestazioni della tecnologia in condizioni reali.

Stellantis y Factorial están avanzando en su asociación integrando las baterías de estado sólido de Factorial en una flota demostrativa de nuevos vehículos Dodge Charger Daytona para 2026. La iniciativa se basa en la inversión de 75 millones de dólares de Stellantis en Factorial desde 2021. Las baterías, que cuentan con la tecnología FEST® de Factorial y una densidad energética de más de 390Wh/kg, se implementarán en vehículos basados en la plataforma STLA Large, que admite hasta dos millones de vehículos a nivel mundial. Esta plataforma abarca marcas como Jeep, Dodge, Chrysler, Alfa Romeo y Maserati. La colaboración tiene como objetivo validar el rendimiento de la tecnología en condiciones del mundo real.

스텔란티스팩토리얼은 2026년까지 새로운 다지 차저 데이토나 차량의 시연 함대에 팩토리얼의 고체 상태 배터리를 통합하여 파트너십을 발전시키고 있습니다. 이 이니셔티브는 2021년에 스텔란티스가 팩토리얼에 투자한 7천5백만 달러를 바탕으로 합니다. 390Wh/kg 이상의 에너지 밀도를 가진 팩토리얼의 FEST® 기술을 특징으로 하는 이 배터리는 전 세계적으로 최대 200만 대의 차량을 지원하는 STLA 대형 플랫폼을 기반으로 한 차량에 적용될 것입니다. 이 플랫폼은 Jeep, Dodge, Chrysler, Alfa Romeo 및 Maserati를 포함한 브랜드에 서비스를 제공합니다. 이 협력의 목표는 실제 조건에서 기술 성능을 검증하는 것입니다.

Stellantis et Factorial avancent dans leur partenariat en intégrant les batteries à état solide de Factorial dans une flotte de démonstration de nouveaux véhicules Dodge Charger Daytona d'ici 2026. Cette initiative s'appuie sur l'investissement de 75 millions de dollars de Stellantis dans Factorial depuis 2021. Les batteries, dotées de la technologie FEST® de Factorial avec une densité énergétique de plus de 390Wh/kg, seront mises en œuvre dans des véhicules basés sur la plateforme STLA Large, qui prend en charge jusqu'à deux millions de véhicules dans le monde. Cette plateforme sert des marques telles que Jeep, Dodge, Chrysler, Alfa Romeo et Maserati. La collaboration vise à valider les performances de la technologie dans des conditions réelles.

Stellantis und Factorial bringen ihre Partnerschaft voran, indem sie die Festkörperbatterien von Factorial in eine Demoflotte neuer Dodge Charger Daytona-Fahrzeuge bis 2026 integrieren. Diese Initiative baut auf Stellantis' Investition von 75 Millionen Dollar in Factorial aus dem Jahr 2021 auf. Die Batterien, die mit der FEST®-Technologie von Factorial eine Energiedichte von über 390Wh/kg bieten, werden in Fahrzeugen auf der STLA Large Plattform implementiert, die weltweit bis zu zwei Millionen Fahrzeuge unterstützt. Diese Plattform bedient Marken wie Jeep, Dodge, Chrysler, Alfa Romeo und Maserati. Die Zusammenarbeit zielt darauf ab, die Leistung der Technologie unter realen Bedingungen zu validieren.

Positive
  • Implementation of high-energy density (390Wh/kg) solid-state batteries potentially improving vehicle performance
  • Strategic advancement of $75M investment from 2021
  • Integration with STLA Large platform capable of supporting 2 million vehicles globally
  • Potential for reduced vehicle costs through new battery technology
Negative
  • Technology still in demonstration phase, not yet ready for mass production
  • Real-world performance validation pending until 2026

Insights

The integration of Factorial's solid-state batteries into Stellantis' demonstration fleet marks a significant technological leap. The 390 Wh/kg energy density represents approximately a 30% improvement over current lithium-ion batteries, potentially enabling longer ranges and faster charging times. The selection of the STLA Large platform, with its 2 million vehicle capacity, indicates serious scaling potential.

The timing of this deployment by 2026 positions Stellantis ahead of many competitors in solid-state implementation. The decision to use the Dodge Charger Daytona for the demonstration strategically targets the performance segment where solid-state advantages in weight and power density are most valuable. The technology's potential for cost reduction through simplified manufacturing and reduced material costs could significantly impact Stellantis' competitiveness in the EV market.

This development builds on Stellantis' initial $75 million investment in Factorial from 2021, showing continued commitment to the technology. The focus on high-volume SUVs and performance vehicles through the STLA Large platform suggests strong commercialization potential across multiple premium brands including Jeep, Dodge and Maserati. The strategic emphasis on both performance and affordability could help Stellantis capture market share in both luxury and mass-market segments.

The potential for cost reduction over time through solid-state technology could significantly improve margins and competitiveness in the EV market. This partnership positions Stellantis well against competitors in the race to commercialize next-generation battery technology.


Stellantis and Factorial Take Next Step to Accelerate the Future of Electric Vehicles with Solid-State Battery Technology

  • Stellantis is incorporating Factorial’s solid-state batteries into a demonstration fleet of all-new Dodge Charger Daytona vehicles based on the STLA Large platform.

  • These EVs will be on the road by 2026, representing a key next step in bringing solid-state battery technology to mass production.

  • By utilizing Factorial’s solid-state battery technology with over 390Wh/kg energy density, Stellantis reinforces its commitment to developing high-performing and affordable EVs, both of which are central to Stellantis’ electrification strategy.

Amsterdam and Woburn, MA – October 23, 2024 – Stellantis N.V. and Factorial Inc. (Factorial) unveiled the next chapter in their partnership to accelerate the development and deployment of next-generation electric vehicles (EVs) powered by Factorial’s solid-state battery technology. This initiative builds upon the $75 million investment Stellantis made in Factorial in 2021.

Stellantis will launch a demonstration fleet of all-new Dodge Charger Daytona vehicles by 2026 equipped with Factorial’s solid-state batteries, marking a key next step in the commercialization of this promising technology. This demonstration fleet will enable the validation of Factorial’s technology and assessment of its performance in real-world driving conditions.

Factorial will supply Stellantis with cells based on its proprietary FEST® solid-state battery technology, which enables a specific energy density of over 390 Wh/kg. Factorial’s FEST® offers substantial advantages over traditional lithium-ion batteries including higher energy density, reduced weight, improved performance and a potential for further reduction in total vehicle cost over time. This makes it an ideal candidate for powering next-generation EVs.

Stellantis has selected the STLA Large multi-energy platform for this innovative technology due to its focus on high-volume electric SUVs and performance vehicles. The STLA Large platform, a cornerstone of Stellantis’ Dare Forward 2030 strategic plan, includes brands such as Jeep®, Dodge, Chrysler, Alfa Romeo and Maserati. It is designed to support up to two million vehicles globally, making it perfectly suited for this innovative battery technology.

“This demonstration fleet is an important milestone in our partnership with Factorial,” said Ned Curic, Stellantis’ Chief Engineering and Technology Officer. “By integrating Factorial’s innovative battery solution into the STLA Large platform, we are validating its potential to enhance our electric vehicle lineup, ensuring customers benefit from improved performance, longer driving ranges and faster charging times in the coming years.”
“We are honored to be part of this journey with Stellantis to accelerate the adoption of electric vehicles,” said Siyu Huang, Factorial’s CEO and Co-Founder. “We believe solid-state technology can play a crucial role in enabling the next generation of EVs with improved performance and reduced costs.”

Stellantis’ partnership with Factorial highlights the increasing significance of solid-state batteries in the EV landscape. This collaboration, which began in 2021, reflects a shared commitment to technological innovation and sustainable transportation.

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About Factorial Inc.
Founded and headquartered in the United States, Factorial is at the cutting edge of solid-state battery technology, developing solutions that offer longer range per charge, increased safety, and cost competitiveness with conventional lithium-ion batteries. The company’s proprietary solid-state platforms FEST® (Factorial Electrolyte System Technology) and SolsticeTM utilize electrolyte innovations that enable safe and reliable cell performance with high-capacity cathode and anode materials. Factorial’s solid-state batteries are designed to integrate seamlessly with existing manufacturing processes, ensuring scalability and efficiency. The company has established joint development agreements with leading global automakers, including Mercedes-Benz, Stellantis, Hyundai Motor Company, and Kia Corporation. For more information, visit www.factorialenergy.com.

© 2024 Factorial Inc. All rights reserved. Factorial, the Factorial logo, FEST, and Solstice are trademarks or registered trademarks in the United States and/or other countries. Other trademarks are the property of their respective owners.

About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com.

Media Contacts

Factorial
Chelsea Nolan - Antenna for Factorial Energy - factorial@antennagroup.com

Stellantis
Fernão Silveira +31 6 43 25 43 41 - fernao.silveira@stellantis.com
Nathalie Roussel +33 6 87 77 41 82 - Nathalie.roussel@stellantis.com

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FAQ

When will Stellantis (STLA) launch its solid-state battery demonstration fleet?

Stellantis plans to launch its demonstration fleet of Dodge Charger Daytona vehicles equipped with Factorial's solid-state batteries by 2026.

What is the energy density of Factorial's solid-state batteries for STLA vehicles?

Factorial's FEST® solid-state battery technology offers an energy density of over 390 Wh/kg.

Which Stellantis (STLA) vehicle platforms will use the new solid-state batteries?

The solid-state batteries will be implemented in the STLA Large platform, which supports Jeep, Dodge, Chrysler, Alfa Romeo, and Maserati brands.

How much did Stellantis (STLA) invest in Factorial's battery technology?

Stellantis invested $75 million in Factorial in 2021.

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