* Battery firm Factorial is developing solid-state batteries that could revolutionize the electric vehicle industry. * Factorial’s solid-state batteries are stable at operating temperatures exceeding 90 degrees Celsius. * Mercedes-Benz invested $200 million in Factorial in 2022. * Factorial’s solid-state batteries could lead to EVs with up to 80% greater range. * OEMs could start rolling out these innovative cells by the end of the decade.
The company is currently developing solid-state batteries for its upcoming electric vehicles, and they are expected to be available in 2025. Mercedes-Benz is not the only company exploring solid-state batteries. Other major automakers like Tesla, Volkswagen, and Hyundai are also investing heavily in this technology.