Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-develop batteries in separate joint collaboration agreements. Mercedes, a brand of Daimler AG, said it invested a double-digit million dollar amount in Factorial. Stellantis declined to []

Mercedes, Stellantis to work with US firm on new batteries

02:30pm, Tuesday, 30'th Nov 2021 ABC News
Automakers Mercedes-Benz and Stellantis have announced agreements with U.S. company Factorial Energy to help develop solid state battery technology
The agreement with Vulcan demonstrates Stellantis' (STLA) efforts to achieve its carbon-neutrality goals in a sustainable manner.
Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-de
U.S. based Factorial Energy said on Tuesday it had entered into agreements with Daimler AG owned Mercedes-Benz and Stellantis NV, in a bid to commercialize its battery technology.Under the partnerships, both Daimler and Stellantis will make a strategic investment in the solid-state battery maker, Factoria
Stellantis and Factorial Energy to Jointly Develop Solid-State Batteries for Electric Vehicles
WOBURN, Mass., Nov. 30, 2021 (GLOBE NEWSWIRE) -- Factorial Energy (Factorial) has entered into Joint Collaboration Agreements with both Mercedes-Benz (DAI) and Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA), each of whom is also making a strategic investment in the company.
Stellantis (NASDAQ:STLA) and Subaru (OTCMKTS:FUJHY) are both large-cap auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, valuation, dividends, analyst recommendations and risk. Profitability This table compares Stellantis and Subarus net margins, return on equity and return on assets. Net []
Privately-held EV battery maker Factorial Energy said Tuesday it received undisclosed investments from Mercedes-Benz DAI, -1.28% and Stellantis NV STLA, -1.24% , the global auto maker formed through t
Stellantis, the global corporation formed through a merger between Fiat Chrysler Automobiles and French automaker Groupe PSA, signed a binding agreement with a lithium producer as more automakers look to secure key parts of the battery supply chain. The agreement is one in a flurry of deals between automakers and suppliers as the demand for []

Stellantis and Vulcan sign Battery Grade Lithium hydroxide supply Agreement

04:03pm, Monday, 29'th Nov 2021 Shanghai Metals Market News
[Stellantis signs battery-grade lithium hydroxide supply agreement with Vulcan] Australian lithium developer Vulcan Energy Resources said it signed a binding agreement with carmaker Stellantis on November 29th, according to foreign media reports. According to the agreement, Vulcan will supply battery-grade lithium hydroxide to Stellantis from 2026. In the first five years, Vulcan will supply about 81000 to 99000 tons of battery-grade lithium hydroxide to Stellantis.
(Kitco News) - Vulcan Energy, a lithium developer focused on projects in Europe, announced today that it has signed a binding lithium hydroxide offtake agreement with Stellantis, a leading global auto

Best Growth Stocks to Buy for November 29th

01:05pm, Monday, 29'th Nov 2021
HHR, CWK, and STLA made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 29, 2021.
The carmaker Stellantis says it''s secured a five-year supply of battery-grade lithium hydroxide in Europe supporting its plans to convert to 98% electrified vehicles by 2025
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