POSCO Future M teams up with US Factorial for solid-state battery tech

POSCO Future M, a secondary battery material company, will cooperate with Factorial, a U.S. solid-state battery technology firm, to develop solid-state battery materials, the companies said Thursday. The two sides signed a memorandum of understanding (MOU) on the sidelines of the Future Battery Forum in Berlin on Nov. 25. Under the MOU, the two companies plan to explore cooperation in developing materials for solid-state batteries. Solid-state batteries use solid electrolytes between the cathode and anode materials of a battery cell, enabling higher safety, energy density and charging performance compared to conventional lithium-ion batteries. Factorial is considered a frontrunner in developing solid-state batteries. It is headquartered in Massachusetts and has a pilot production facility in Cheonan, South Chungcheong Province. POSCO Future M said the partnership came after Factorial tested cathode material samples from various material firms, and concluded that POSCO Future M’s materials demonstrated good performances. POSCO Future M is now developing cathode materials for solid-stateWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times