StoreDot has achieved a significant milestone, demonstrating lithium-ion (Li-ion) electric vehicle batteries that charge in five minutes.
Range anxiety is one of the biggest challenges to widespread electric vehicle adoption. Even with increased charging infrastructure, lengthy charging times can be an impediment to long-distance travel, such as a cross-country trip.
StoreDot is an Israeli startup that may have the solution. The company has been working on fast-charging Li-ion batteries, ideally suited for electric vehicles. The company has now announced that engineer samples of its first-generation 5-minute charge batteries are now available.
Dr. Doron Myersdorf, CEO of StoreDot, described the significance of the company’s technology:
StoreDot continues to go from strength to strength as we get one step closer to making our vision of 5-minute charging of EVs a commercial reality. Our team of top scientists has overcome inherent challenges of XFC such as safety, cycle life and swelling by harnessing innovative materials and cell design. Today’s announcement marks an important milestone, moving XFC for the first time beyond innovation in the lab to a commercially-viable product that is scalable for mass production. This paves the way for the launch of our second-generation, silicon-dominant anode prototype battery for electric vehicles later this year.
We founded StoreDot to achieve what many said could never be done – develop batteries capable of delivering a full charge in just five minutes. We have shown that this level of XFC charging is possible – first in 2019 with an electric scooter and again six months ago with a commercial drone. We are proud to make these samples available, but today’s milestone is just the beginning. We’re on the cusp of achieving a revolution in the EV charging experience that will remove the critical barrier to mass adoption of EVs.
StoreDot’s batteries could be a game-changer for the industry, and lead to electric vehicles that are every bit as convenient as their gasoline-fueled counterparts.