SK On and Factorial Energy Sign MOU to Scale Solid-State EV BatteriesSK On与Factorial Energy签署备忘录,联手推进固态电池量产
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South Korea's SK On and US-based Factorial Energy signed an MOU on Wednesday, July 29, 2026, forming an alliance to bring Factorial's solid-state battery cell technology into SK On's global manufacturing network.
Solid-state batteries promise significantly higher energy density, longer driving range, and faster charging than conventional lithium-ion cells, but scaling production remains difficult because finding a solid electrolyte that is both conductive and resistant to cracking is technically challenging and costly to manufacture.
By pooling SK On's manufacturing scale with Factorial's cell technology, the partnership targets solving the industry's core barrier to commercializing solid-state batteries for mass-market EVs.