YoungPoong Corp. Partners with Factorial Inc. to Establish Circular Economy through Solid-State Battery Recycling

YoungPoong Corp. (YoungPoong) (KOSPI: 000670) partners with the U.S. battery manufacturer, Factorial Inc. (Factorial), to recycle lithium-metal solid-state batteries and promote a sustainable circular economy by extracting critical raw materials such as lithium, nickel, and cobalt.

Factorial, a frontrunner in the development of solid-state battery technology for electric vehicles (EVs), has signed a memorandum of understanding (MOU) to develop battery recycling technology with YoungPoong, pos…