Factorial and SK On sign MoU for SSB manufacturing

GlobalData

Wed, August 5, 2026 astatine 7:10 AM CDT 2 min read

US-based Factorial Energy Inc., a tech steadfast specialising successful next-generation solid-state batteries (SSB), has signed a Memorandum of Understanding (MoU) with SK On, a Korea-based artillery manufacturer, aimed astatine exploiting aboriginal manufacturing synergies.

The concern brings unneurotic Factorial's precocious compartment exertion and scale-up expertise with SK On's extended planetary manufacturing web and aviator capabilities.

A cardinal nonsubjective of this collaboration is to measure whether and however SK On's manufacturing footprint and existing lithium-ion artillery manufacturing infrastructure could enactment aboriginal improvement of SSB technologies.

SK On presently supplies electrical conveyance batteries to automotive OEMs including Hyundai Motor Group, Ford, Volkswagen, and Ferrari. The institution says it has much than 200 GWh of yearly accumulation capableness worldwide, including astir 100 GWh successful the United States. Its US manufacturing footprint includes 22 GWh of capableness successful Commerce, Georgia, arsenic good arsenic operations successful Tennessee.

Under the MoU, Factorial and SK On volition jointly measure the method feasibility and manufacturing considerations for Factorial's FEST SSB technologies.

Factorial said the collaboration highlights its 'capital-light attack to industrialisation', which is centred connected processing batteries that tin leverage established manufacturing infrastructure to accelerate the way to industrialization.

"A artillery breakthrough lone matters if it tin beryllium manufactured astatine scale," said Siyu Huang, CEO of Factorial. "That is what makes this concern with SK On truthful significant. Their manufacturing footprint spans immoderate of the world's astir precocious artillery facilities, and their expertise volition beryllium captious successful shaping however solid-state artillery exertion integrates into planetary accumulation ecosystems."

"This collaboration provides an accidental to measure the method feasibility and manufacturing readiness of solid-state artillery technologies, drafting connected SK On's artillery exertion and manufacturing expertise," said Ki-soo Park, Head of the Institute of Future Technology astatine SK On. "SK On volition proceed to research collaboration opportunities successful next-generation artillery technologies."

Through this collaboration, Factorial and SK On volition research opportunities to enactment the aboriginal improvement of solid-state artillery technologies for mobility and high-performance markets, advancing the adjacent procreation of vigor storage. This marks Factorial's manufacturing-focused concern with a planetary artillery producer, reflecting the company's strategy of scaling done established manufacturing ecosystems.