#USA #Irvine #EV technology #StoreDot #XFC batteries

StoreDot Advances Extreme Fast Charging Technology

StoreDot, a frontrunner in extreme fast charging (XFC) battery technology, has made remarkable progress in 2024, solidifying its reputation as a leader in the electric vehicle (EV) battery industry. As the company pushes closer to commercializing its innovative technology, several key achievements have marked this pivotal year.

Successful Collaboration with Polestar

One of the standout moments for StoreDot was its collaboration with Polestar, where the performance of XFC battery technology was demonstrated. During a public event, a Polestar 5 was charged from 10% to 80% in just 10 minutes, a groundbreaking feat that underscores the practicality of StoreDot’s technology. This demonstration not only eases concerns about range anxiety but also highlights the potential for a rapid transition to electric vehicles on a global scale.

Production of High-Energy Prismatic Cells

In another significant milestone, StoreDot successfully produced large-format 165Ah prismatic cells, which exhibit high energy density. This development is crucial as it showcases the scalability and manufacturability of its technology, which aligns with the rigorous demands of automotive manufacturers. With these advancements, StoreDot is paving the way for the mass production of exceptional batteries.

Innovations in Cylindrical Cells

Furthermore, StoreDot is actively engaging in the development of cylindrical cells, which cater to the needs of XFC applications. The achievements in large cylindrical formats signify StoreDot’s commitment to diversifying its product offerings while maintaining high energy design standards. This diversification sets the company apart in the crowded EV battery market, allowing it to meet a variety of manufacturer specifications.

Engagement with Major Automotive Brands

StoreDot’s XFC technology has drawn attention from 15 major automotive brands, with several now moving into the B sample development phase. This widespread interest signals the confidence industry leaders have in StoreDot, as their technology aims to transform the EV charging experience significantly. With a target for commercial deployment set for 2027, industry insiders are closely watching StoreDot's trajectory.

Exceptional Battery Durability and Energy Density

The durability and energy density of StoreDot’s XFC batteries also deserve special mention. Capable of enduring over 2000 extreme fast charging cycles with minimal degradation, these batteries promise remarkable longevity and consistent performance, allowing EV drivers to charge extensively without unnecessary concerns about battery lifespan. StoreDot is proud to report energy density levels of 325 Wh/Kg and 835 Wh/L, further accentuating the sophistication of their technology.

CEO’s Vision for the Future

In light of these accomplishments, Dr. Doron Myersdorf, CEO of StoreDot, reflects on 2024 as a transformative year. He emphasized how these achievements are bringing the company closer to a future where EVs can be charged as conveniently as traditional vehicles refuel, underscoring the necessity of rapid advancements in charging technology for widespread electric vehicle adoption.

In summary, StoreDot's accomplishments in 2024 indicate a powerful shift in the EV battery landscape, echoing the company's mission to eliminate range and charging anxiety and facilitate a swift transition to a zero-emissions future. Their relentless innovation and partnerships will undoubtedly continue to shape the electric mobility sector for years to come.