Stellantis and Factrial accelerate the pace of electric cars with solid-state battery technology | Corporate Communications

• Stellantis integrates global solid-state batteries into the test fleet of the all-new Dodge Charger Dayton¹which is based on the large STLA platform
• These electric cars will be on the road by 2026 – an important next step in bringing solid-state battery technology into mass production.
• By leveraging Factorial's proprietary solid-state battery technology with an energy density of over 390 Wh/kg, Stellantis reinforces its commitment to developing affordable, high-performance electric vehicles, which are central to Stellantis' electrification strategy.
  

Amsterdam Woburn, Massachusetts – October 23, 2024 – With the next chapter of their partnership, Stellantis NV and Factory Inc. (Multiplied) Develop and deploy next-generation electric vehicles (EVs) powered by Factorial's solid-state battery technology. This initiative builds on Stellantis' $75 million investment in Factorial in 2021.

Stellantis will launch a trial fleet of all-new Dogde-branded Charger Daytona vehicles equipped with Factorial solid-state batteries by 2026. This is another important step in commercializing this promising technology. This test fleet allows the Factorial technology to be validated and its performance evaluated in real driving conditions.

Factorial will supply cells to Stellantis based on its FEST^® – Solid-state battery technology, which enables a specific energy density of more than 390 Wh/kg (watt-hours per kilogram). Festival^®Factorial technology offers significant advantages over traditional lithium-ion batteries, including higher energy density, lower weight, improved performance, and the potential to reduce overall vehicle costs over time. This makes this technology an ideal candidate to power the next generation of electric vehicles.

Stellantis chose the STLA large multi-power platform for this innovative technology as it focuses on full-size electric SUVs and high-performance vehicles. STLA's large platform, the cornerstone of the strategic plan Daring Forward 2030 From Stellantis, used by brands like Jeep_®Dodge, Chrysler, Alfa Romeo and Maserati are used. It is designed to cover up to two million vehicles worldwide. It is therefore ideal for this innovative battery technology.

“This test fleet is a major milestone in our partnership with Factorial.”He said Ned Couric, chief engineering and technology officer at Stellantis. “By integrating Factorial's innovative battery solution into the larger STLA platform, we are validating its potential to improve our electric vehicle range. In this way, we are ensuring customers benefit from improved performance, longer range and faster charging times in the years to come.”

“We are honored to be part of this journey with Stellantis to accelerate the adoption of electric vehicles.”He said Siyu HUANG, CEO and Co-Founder of Factorial. “We believe solid-state technology can play a critical role in enabling the next generation of electric vehicles with improved performance and lower costs.”

Stellantis' partnership with Factorial underscores the growing importance of solid-state batteries in the electric vehicle space. This collaboration began in 2021 and reflects a shared commitment to technological innovation and sustainable transportation.

¹ This form cannot be ordered until the time of the press release. The manufacturer does not yet have any binding consumption and emission values ​​for this vehicle.

About Factory Company

Founded and headquartered in the US, Factorial is at the forefront of solid-state battery technology, developing solutions that provide greater range per charge, increased safety and are cost competitive compared to traditional lithium-ion batteries. FEST's solid state platforms^® (Global Electrolyte System Technology) and the Solstice^TM Benefit from electrolyte innovations that enable safe and reliable cell performance using 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 joint development agreements with leading global automakers, including Mercedes-Benz, Stellantis, Hyundai Motor Company, and Kia. For more information, see www.factorialenergy.com.

© 2024 Factorial Company, 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 NV (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automotive manufacturers. The company aims to provide everyone with clean, safe and affordable freedom of movement. Stellantis is known for its unique portfolio of iconic and innovative brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT and Jeep._®Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is implementing its bold “Dare Forward 2030” strategic plan, paving the way to achieve the ambitious goal of becoming a carbon-neutral mobility technology company by 2038.₂-Emissions – while offsetting remaining emissions in the single-digit percentage range – while at the same time creating added value for all stakeholders. For more information, see www.stellantis.com.

Media communications

Multiplied
Chelsea Nolan – Global Power Antenna – [email protected]

Stellantis
MAG Christoph Stumphol, MBA – 0676 83 494 300 – [email protected]