Stellantis Eyes Further Investment in Battery Startup Factorial

Stellantis, one of the world's largest automakers and parent company of brands including Fiat, Jeep, and Peugeot, has not ruled out acquiring additional shares in Factorial Energy, a startup developing next-generation solid-state batteries. The company is considering expanding its existing stake in Factorial, which is working on battery technology that could significantly improve the range and safety of electric vehicles compared to conventional lithium-ion batteries. Solid-state batteries are widely seen as a key breakthrough for the electric vehicle industry, as they promise higher energy density and reduced fire risk. Stellantis's interest in deepening its investment signals continued confidence in Factorial's technology at a time when major automakers are racing to secure next-generation battery supply chains ahead of a broader shift to electric mobility.