StoreDot’s Major EV Battery Milestones

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StoreDot, a trailblazer in extreme fast charging (XFC) battery technology for electric vehicles (EVs), achieved groundbreaking progress in 2024. These advancements mark a significant leap toward mass production and commercialization, positioning StoreDot as a leader in the EV battery sector.

Key Highlights of StoreDot’s 2024 Milestones:

  • Demonstrated Real-World Charging Success
    StoreDot partnered with Polestar to showcase XFC technology, charging a Polestar 5 from 10% to 80% in just 10 minutes. This public demonstration underscored the potential to address range anxiety and accelerate EV adoption.
  • Scaled Production of Prismatic Cells
    StoreDot produced large-format 165Ah prismatic cells with high energy density, showcasing scalability and readiness for mass production.
  • Expanded Portfolio with Cylindrical Cells
    Development efforts focused on cylindrical cells for XFC applications, achieving high-energy designs to meet diverse automotive demands.
  • Industry-Wide Collaboration
    StoreDot engaged with 15 leading car manufacturers, with six OEMs advancing to B-sample development. This broad adoption highlights the industry’s trust in the company’s innovations.
  • Breakthrough Durability and Energy Density
    The XFC batteries achieved over 2,000 extreme fast charging cycles with minimal degradation, delivering unmatched longevity. Cells reached an energy density of 325 Wh/Kg and 835 Wh/L, depending on form factors.

Dr. Doron Myersdorf, CEO of StoreDot, emphasized the transformative impact of these achievements: “2024 has been a transformative year for StoreDot, marked by remarkable achievements that have brought us closer than ever to realizing our vision of a world where EVs can be charged as quickly as filling a tank of gas. Our strong partnerships with leading automotive manufacturers, coupled with our continuous innovation and technological breakthroughs, reinforce our commitment to delivering extreme fast charging solutions that will reshape the future of electric mobility.”

About StoreDot

StoreDot leads the industry in extreme fast charging battery technology for EVs. The company’s silicon-dominant anode technology enables ultra-fast charging, significantly reducing range and charging anxieties. StoreDot aims to drive the rapid transition to zero-emission vehicles, making EV charging as convenient as conventional refueling.

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