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Mobility

Stellantis, Factorial begin first solid-state battery road test in North America

Stellantis and solid-state battery developer Factorial Energy have begun the first on-road test of a solid-state electric vehicle battery in North America. The companies are using a Dodge Charger Daytona development vehicle equipped with Factorial\'s FEST cells. They said the test is the first to integrate a solid-state battery into a North American EV platform for validation in real road conditions. Factorial recently listed on Nasdaq under the symbol FAC.

Industry

Solid-state battery maker Factorial begins trading on Nasdaq, eyes aviation, defense and robotics

U.S. solid-state battery company Factorial Energy has completed its Nasdaq listing and plans to expand commercialization and production of next-generation batteries. It began trading after merging with SPAC Cartesian Growth Corp III, with ticker symbols FAC and FACWW. The deal values the company at about $1.3 billion and raised about $110 million. Factorial plans to invest beyond EVs into defense, aerospace, hyperscale data centers and robotics.

Industry

POSCO Future M sets up ESG committee to advance governance

POSCO Future M said it has moved to strengthen governance by creating new board-level committees, after securing anode material orders and diversifying its business amid external uncertainty. The company reappointed CEO Eom Gi-cheon at its annual shareholders\' meeting and outlined plans for proactive investment and broader customer and product portfolios. It also detailed anode material supply contracts, investments in Vietnam and Saemangeum, and moves into solid-state batteries and LFP cathode materials.