US-based Factorial, which is developing solid-state battery technology for electric vehicle (EV) applications, has announced the opening of its new battery manufacturing facility in the Boston suburb of Methuen, Massachusetts. The facility represents a significant step in scaling up the production of the company’s solid-state batteries.
“We are thrilled to open our next-generation battery facility in Massachusetts as we scale our batteries for mass production,” said Siyu Huang, CEO of Factorial. “This facility will enable us to manufacture cells to meet the needs of our automotive partners and progress our mission to commercialize solid-state batteries. As a US company, we’re also proud to contribute to the onshoring of battery manufacturing for EVs and the advancement of battery innovation for a differentiated supply chain.”
The facility represents a US$50m investment and is expected to create over 150 local jobs. Located in the greater Boston area, Factorial’s operations remain close to the company’s newly opened R&D facility and corporate headquarters. The current footprint will accommodate up to a 200MWh assembly line, which is expected to be the largest solid-state battery assembly line in the US.
“Factorial continues to drive the battery industry forward and this milestone is no exception,” said Joe Taylor, executive chairman of Factorial and former chairman and CEO of Panasonic Corporation of North America. “Auto maker demand for American-made batteries is high to produce electric or hybrid vehicles that qualify for incentives. Our facility will manufacture automotive-sized solid-state batteries at pre-production speed and volume, illuminating a clear path to mass production and reaching economies of scale.”
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