Polestar partners StoreDot for fast charging tech

Polestar will investigate utilising StoreDot’s extreme fast charging silicon-dominant batteries for future Polestar cars.

Autocar Pro News Desk By Autocar Pro News Desk calendar 25 May 2022 Views icon3369 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

StoreDot has entered a strategic partnership with Polestar. As part of this new partnership and investment agreement, Polestar will investigate utilising StoreDot’s extreme fast charging silicon-dominant batteries for future Polestar cars.

StoreDot is on track to begin mass producing its ‘100in5’ technology as early as 2024, achieving 100 miles of range in just five minutes of charging.

Speaking about the partnership, Meir Halberstam, StoreDot CFO said, “This investment from one of the pioneering electric vehicle brands is an important step in our commercialisation process. It will not only enable us to bring the ground-breaking ‘100in5’ batteries to market quicker but also boost our R&D capabilities. We are rapidly moving towards even more game-changing technology and are laser-focused on offering 100 miles of range in just two minutes of charging, within a decade.”

Thomas Ingenlath, Polestar CEO said “StoreDot’s advanced battery technology potentially provides real solutions to these obstacles. If our current pilot projects with StoreDot are successful, we could see these solutions being implemented in Polestar cars by 2026.”

‍Dr Doron Myersdorf, StoreDot CEO added that, “We are thrilled to be entering into an agreement with Polestar. Like us, Polestar is an ambitious brand which is already proving to be pivotal in the mass adoption of electric vehicles, helping the global transition to a cleaner, zero-emissions world.”

The new funding comes as part of StoreDot’s Series D investment round. Polestar is joining the list of the company’s global investors and partners, including Daimler, BP, VinFast, Volvo, Ola Electric, Samsung, TDK and EVE Energy.

StoreDot is currently working with several global automotive manufacturers, to power next generation electric vehicles. It is shipping advanced ‘100in5’ cells for them to undertake real-world testing. 

 

RELATED ARTICLES
VW reprogrammes production schedule in Germany through 2028

auther Autocar Pro News Desk calendar30 Sep 2023

The Volkswagen brand is preparing its Germany-based production network for the future

Jaguar accelerates towards its all-electric future with Tesla Supercharger deal in North America

auther Autocar Pro News Desk calendar30 Sep 2023

 Agreement is part of the strategy to deliver a global EV ecosystem supporting Jaguar’s transformation into an all-elect...

Durr completes paint shop installation nine months following contract award from Seres

auther Autocar Pro News Desk calendar30 Sep 2023

The new paint shop in the Liangjiang plant in Chongqing can complete 60 jobs per hour.