Stellantis Completes Investment Round in Factorial, Further Accelerating Electrification Push

AMSTERDAM, January 20, 2022 -- Stellantis N.V., through its affiliate, completed an investment round in Factorial Energy (Factorial) as part of Factorial’s Series D round of funding, together with other investors. Funding will be used to accelerate commercial production and deployment of Factorial’s solid-state battery technology that is robust and offers up to 50 percent greater driving range than current lithium-ion technology.