Factorial Energy, a solid-state battery company, raised $200 million in a Series D funding round led by Mercedes-Benz (DAI) and Stellantis. Funding will be used to accelerate commercial production and deployment of Factorial’s solid-state battery technology that is safer and offers up to 50 percent greater driving range than current lithium-ion technology. Factorial is constructing a state-of-the-art pilot production facility located in the New England area, and the construction is scheduled to start in early 2022.