Factorial Energy opens new battery manufacturing facility

Factorial, an industry provider in the development of solid-state battery technology for electric vehicle (EV) applications, announced the opening of its new battery manufacturing facility in the Boston suburb of Methuen, Massachusetts . 

The new facility represents a $50 million investment and is expected to create over 150 local jobs, the press release notes. Located in the greater Boston area, Factorial’s operations remain close to its newly opened R&D facility and corporate headquarters advancing the production of Factorial’s solid-state battery technology for its automotive partners. The current footprint will accommodate up to a 200MWh assembly line, which is expected to be the largest solid-state battery assembly line in the U.S, according to the press release.

“Automaker demand for American-made batteries is high to produce electric or hybrid vehicles that qualify for incentives. Our facility will manufacture automotive-sized solid-state batteries at pre-production speed and volume, illuminating a clear path to mass production and reaching economies of scale,” said Joe Taylor, Executive Chairman of Factorial and Former Chairman and CEO of Panasonic Corporation of North America.