StoreDot ships EV battery cells for testing to global OEMs

StoreDot, the pioneer of extreme fast-charging batteries for electric vehicles, has commenced shipping its production-ready battery cell samples to global EV OEMs and strategic partners. StoreDot’s EV OEM investors include Daimler, VinFast, Volvo, Polestar, and Ola Electric.

The shipping represents a significant step on StoreDot’s roadmap to begin mass-producing its ‘100in5’ battery cells during 2024, and to deliver a step-change in global EV adoption. This technology provides 100 miles / 160 kilometres of range in just 5 minutes consistently and without compromising battery health.

Shipped in EV form factor, the 30Ah silicon-dominant anode, lithium-ion pouch cells are currently undergoing intensive real-world testing with strategic OEM partners and other automotive players.

Amir Tirosh, StoreDot Chief Business Officer, said: “Shipping the large form factor samples of our advanced ‘100in5’ battery technology to over a dozen of strategic partners and potential OEM customers across the globe is a truly historic moment for StoreDot. It is the culmination of 10 years of intense research and development and demonstrates our strong determination to push the known boundaries of battery technology to accelerate mass EV adoption and eliminate range and charging anxiety.”

“I am delighted that we have now commenced intensive, real-world testing with leading OEMs and am confident that our cells will exceed OEM expectations with respect to energy density and extreme fast charging. Current performance shows >900 consecutive extreme fast charging (10% to 80%) in just 10 minutes, with more than 300 Wh/kg. We are on track to exceed our commercialization milestone of 1000 cycles this year. With the support and collaboration with key partners, StoreDot plans to begin mass production of our ‘100in5’ cells and provide 100 miles of range for 5 minutes of charging during 2024. Our journey will not end there, as we confidently continue with our strategic goal of providing 100 miles of range with just 3 minutes in 2028, and in 2 minutes of charging within a decade.”

StoreDot is currently working on mass production readiness of its ‘100in5’ cells with its long-standing manufacturing partner, EVE Energy in China, in parallel to expanding its global manufacturing footprint in other geographies.

Getting future-ready
Equipped with its extreme fast charging (XFC) EV batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety – StoreDot has revolutionised the conventional Li-ion battery by designing and synthesising proprietary organic and inorganic compounds, optimised by Artificial Intelligence algorithms. This, the company says, makes it possible to charge an EV in under 10 minutes – the same experience as refuelling a conventional combustion engine car.

Through its '100inX' product roadmap, StoreDot's battery technology is delivering ‘Range on Demand’: 100 miles / 160km charged in 5 minutes in 2024, in 3 minutes by 2028, and extreme energy density solution enabling charge in just 2 minutes by 2032.

StoreDot's strategic investors and partners include Daimler, BP, VinFast, Volvo, Polestar, Ola Electric, Samsung, TDK and its manufacturing partner EVE Energy. In 2022, the company achieved a world first by demonstrating a live extreme fast charging of an EV battery cell in 10 minutes. StoreDot says it is on target for mass production readiness of 100in5 technology by 2024.