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Factorial and SK On partner to explore manufacturing of solid-state batteries using existing facilities

Market News
29 Jul 2026, 18:00 WIB
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Bullish
Factorial and SK On partner to explore manufacturing of solid-state batteries using existing facilities

Factorial Energy and SK On have signed a Memorandum of Understanding to jointly evaluate the feasibility of manufacturing Factorial's solid-state battery technology using SK On's global lithium-ion battery production infrastructure. This partnership aims to leverage SK On's extensive manufacturing footprint and expertise to accelerate the industrialization of next-generation solid-state batteries for mobility, aerospace, and data center applications. The collaboration reflects Factorial's strategy to scale production through established manufacturing ecosystems, potentially advancing energy storage technology for high-performance markets. The agreement is non-binding and will be followed by definitive contracts if successful.

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