<ul><li>US-based solid-state battery technology developer Factorial Energy has signed an MOU with LG Chem to develop solid-state battery materials for EVs.</li><li>The partnership aims to combine LG Chem’s battery material capabilities with Factorial’s next-generation battery material and process innovations.</li><li>LG Chem seeks to expand its R&D capabilities for new materials, including solid-state electrolytes, and increase battery material sales by 2030.</li><li>Factorial Energy is developing its Factorial Electrolyte System Technology (FEST) to enhance EV performance and safety.</li></ul>

LG Chem partners with Factorial to develop solid-state EV batteries

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