Automaker Stellantis holds a 9.5% stake in U.S. solid-state battery startup Factorial Energy (FAC.O) and might buy further shares in the future, a SEC filing showed.
Solid-state batteries for electric vehicles are expected to be lighter, with better energy density than, traditional lithium-ion batteries, and ensuring faster charging times. However manufacturers have so far struggled to produce them at scale.
($1 = 0.8728 euros)
