Factorial Energy is developing what could be a game-changer for electric vehicles: solid-state batteries. Unlike current EV batteries that use flammable liquid electrolytes, these new batteries are lighter and safer. They’re designed to charge much faster and allow electric cars to travel significantly further on a single charge, potentially matching the range of gasoline-powered cars. This advancement is crucial for widespread adoption of EVs, helping reduce our reliance on fossil fuels and accelerate the fight against climate change.

The company has already demonstrated impressive results. This year, Mercedes-Benz installed a Factorial battery in a test car, achieving nearly 750 miles on one charge – a major milestone for this technology outside of China. Factorial also plans to install its batteries in test vehicles from Stellantis, the parent company of popular brands like Jeep and Dodge, next year. These batteries are expected to appear in high-performance and luxury models first, before expanding to more affordable options.

This public listing, set for mid-2026, will provide Factorial with capital to ramp up production, with batteries potentially hitting cars as early as 2027. Company CEO Siyu Huang believes that existing battery limitations—being too heavy, not efficient enough—have hindered U.S. consumer adoption of electric vehicles. Factorial's "next generation" technology aims to directly address these concerns, making clean transportation a more practical and attractive choice for everyone and underscoring the vital shift towards sustainable solutions for our planet.