At the recent Future Battery Forum in Berlin, South Korean battery materials company POSCO Future M and U.S.-based battery developer Factorial have entered into a memorandum of understanding to collaborate on developing materials for solid-state batteries. This technology is considered an advancement over current lithium-ion cells because of their solid electrolytes instead of liquid components.
Decision following promising tests
Manufacturers expect this to result in higher energy density and improved safety. According to Factorial, they have tested cathode materials from POSCO and found them to have good charging and discharging performance. POSCO is developing cathode materials and silicon anodes for solid-state batteries. Company-wide, research is also underway on lithium-metal anodes and sulfide-based electrolytes. Factorial has its own pilot production facilities in South Korea and maintains strategic partnerships with several automotive groups.
