Overview
- The memorandum of understanding was signed on Nov. 25 at the Future Battery Forum in Berlin.
- The agreement targets joint development of high‑performance cathodes and other advanced materials for next‑generation electric vehicles.
- All‑solid‑state batteries use a solid electrolyte that can reduce fire risk and potentially extend driving range compared with conventional lithium‑ion cells.
- Factorial is pursuing commercialization of solid‑state technology with ties to Mercedes‑Benz, Stellantis and Hyundai Motor.
- Posco Future M currently supplies NCM and NCMA cathodes and plans to expand into LMR, LFP and ASB materials, with both companies citing expected synergies, stronger supply chains and lower costs.