EV battery producer, StoreDot has commenced shipping of cell samples of its ‘100in5’ battery technology to strategic EV OEM partners and potential customers.
According to the company, this battery technology provides 100 miles of range in 5 minutes “consistently and without compromising battery’s health”.
Following the completion of a series D funding round, the company commenced the shipping of its production ready battery cell samples to global EV makers, including Daimler, VinFast, Volvo, Polestar, and Ola Electric.
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.
“It is the culmination of ten 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,” said Amir Tirosh, StoreDot Chief Business Officer.
StoreDot said it plans to begin mass production of its ‘100in5’ cells 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,” Tirosh added.
The company said it proved the effectiveness of its extreme fast charging – XFC – battery in public during a live demonstration in Oslo in June, at The International Electric Vehicle Symposium (EVS), one of the key conferences for the EV industry.
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.