Factorial Energy, a US-based solid-state battery maker, has made its debut on the Nasdaq stock exchange after a successful SPAC (Special Purpose Acquisition Company) process. The company's solid-state batteries have already demonstrated their capabilities, achieving over 745 miles (1,200 km) of real-world driving range in tests. With its Nasdaq listing, Factorial Energy aims to fund its next phase of growth, focusing on the development and commercialization of its solid-state battery technology. This milestone marks a significant step forward for the company, as it seeks to establish itself as a leading player in the solid-state battery market. According to Benzinga, Factorial Energy's listing is expected to provide the company with the necessary funds to accelerate its production plans and expand its customer base.

A comprehensive investigation has revealed that Donut Lab's "miracle" solid-state battery is actually a regular lithium-ion cell. The company had raised approximately $25 million from over 1,300 investors based on claims that its solid-state battery technology could revolutionize the industry. However, the investigation, involving over 20 independent battery experts, has exposed Donut Lab's claims as false. As reported by Electrek, the investigation has traced the battery's components and manufacturing process, confirming that it is a conventional lithium-ion battery. This revelation has significant implications for the solid-state battery industry, highlighting the need for rigorous testing and validation of new technologies.

BMW Group has reduced its stake in solid-state battery maker Solid Power to below 5%, while retaining its rights on the company's board. This move indicates that BMW is adjusting its investment strategy, potentially in response to changing market conditions or shifting priorities. Despite the reduced stake, BMW's continued influence on Solid Power's board suggests that the company remains committed to the development of solid-state battery technology. As noted by Stock Titan, BMW's decision may have implications for the company's future partnerships and collaborations in the solid-state battery sector.