Hyundai Motor Company & Mercedes-Benz Group

Hyundai Motor Company: One of the leading OEMs examined; report highlights its electrification strategy.

Mercedes-Benz Group: One of the leading OEMs examined; report highlights its electrification strategy.

Hyundai Motor Company: Hyundai Motor Company is a strategic investor in Factorial, with its backing supporting the company's development and potential future collaboration in solid-state batteries.

Mercedes-Benz Group: Mercedes-Benz Group is a strategic investor and partner, with its road testing demonstrating over 1,200 km range on a single charge, validating Factorial's technology and potentially enhancing its own EV offerings.

Hyundai Motor Company: Hyundai Motor Company joined Open Invention Network 2.0 to reinforce its commitment to open source and mitigate patent risks in its development of mobility solutions.

Mercedes-Benz Group: Mercedes-Benz Group is mentioned as a global automotive leader that has previously joined the Open Invention Network 2.0 community, highlighting the trend of automotive companies adopting open source patent protection.

Hyundai Motor Company: South Korea's Hyundai Mobility, a subsidiary of Hyundai Motor Company, is set for production rollouts in Thailand in 2026, adding to the international investment in the country's EV manufacturing.

Mercedes-Benz Group: Mercedes-Benz Manufacturing, a subsidiary of Mercedes-Benz Group, pioneered local luxury BEV production in Thailand starting in 2022, contributing to the overall investment and job creation in the Thai EV sector.

Hyundai Motor Company: Hyundai is a backer of Factorial, supporting its solid-state battery development.

Mercedes-Benz Group: Mercedes-Benz Group is a backer of Factorial and previously tested its batteries in a vehicle achieving over 1,200 km range.