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StoreDot has made a significant leap in electric vehicle (EV) technology by addressing one of the industry’s biggest challenges—charging speed. Its extreme fast charging (XFC) battery now enables large prismatic battery cells to charge from 10% to 80% in just 10 minutes. This breakthrough could significantly accelerate EV adoption by eliminating charging anxiety and increasing convenience for users. With partnerships among 15 major original equipment manufacturers (OEMs), StoreDot is now ready for mass integration.
Key Highlights:
- 10-minute charge from 10% to 80% for prismatic cells without degradation.
- Addresses charging anxiety, a primary concern among potential EV buyers.
- Collaborations with 15 global OEMs to bring the technology to market.
- 100 miles of charge in just five minutes, with a goal to reduce that to four minutes by 2026.
- Proven scalability with Flex|N|Gate, ensuring production readiness for mass adoption.
- No accelerated degradation despite faster charging speeds.
StoreDot’s XFC battery offers a seamless solution to one of the most pressing issues in EV adoption: lengthy charging times. Many potential EV customers, especially in the U.K. and Germany, cite slow charging as a key factor delaying their switch to electric vehicles, even though nations have been expanding charging infrastructure. Slowing growth rates in late 2023 indicated the industry needs solutions like StoreDot’s to maintain momentum.
Earlier this year, StoreDot successfully developed its first prismatic battery cells with an 80Ah capacity. These cells can charge from 10% to 80% in just 10 minutes without overheating, showcasing the technology’s potential for future developments, such as 160Ah cells to meet consumer demand.
By utilizing advanced cell design and engineering, StoreDot’s technology is not only cutting charge times in half compared to competitors but also ensuring no accelerated battery degradation. The company’s commitment to innovation is reflected in its ongoing partnerships with leading OEMs, making StoreDot’s XFC cells compatible with various EV architectures.
“This milestone not only demonstrates our ability to work closely with EV OEMs… it also showcases the success of our partnership with Flex|N|Gate,” said Amir Tirosh, COO of StoreDot. He emphasized the importance of collaboration in making fast charging a reality for millions of EV drivers globally.
Flex|N|Gate Partnership
Flex|N|Gate Vice President Guido Benvenuto echoed this excitement, stating that their collaboration with StoreDot is a significant step toward overcoming the industry’s most critical challenge—charging time. Flex|N|Gate’s manufacturing capabilities make this partnership essential for scaling production and pushing the EV industry forward.
StoreDot’s technology roadmap, known as ‘100inX,’ continues to push the boundaries of what’s possible for EV batteries. Their aim is to charge 100 miles in five minutes by 2024, four minutes by 2026, and three minutes by 2028. With backing from major players like BP, Daimler, and Volvo, the future of StoreDot’s fast-charging battery technology looks promising.
For more information, visit StoreDot’s website.
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