With most drivers still naming charging anxiety as the major decision factor in transitioning from petrol to electric, infrastructure rollout is often seen as the main catalyst to mass EV adoption. However, StoreDot believes that the equilibrium has now shifted.
The need for XFC battery technology in EVs on the road has increased with the recent deployment of high-power chargers. These two components – battery technology and high-power charging infrastructure – are now intertwined, forming a synergy that can unlock the mass adoption of EVs.
StoreDot is now shipping samples of its 100in5 silicon batteries capable of delivering 100 miles, or 160 km of charge in just five minutes. With global OEM partners testing and validating its technology, mass production readiness is now on track and the company anticipates widespread uptake of its battery cells starting in 2025.
“Charging anxiety remains a key barrier to mass adoption of EVs” said Dr Doron Myersdorf, StoreDot CEO. “Nevertheless, the ability of the vehicle to charge fast is just as crucial to prospective EV users as the availability of high-power charge points. We welcome anyone investing in and deploying 350kW plus chargers as they enable XFC industrialisation and in turn accelerate the adoption rate of EVs. Deployment of infrastructure must be paired with innovation of XFC technology since most EV battery solutions on the market currently cannot accept high power charging rates. With long lead times required to introduce new vehicles, we are urging global automotive manufacturers to adopt XFC battery technology that can safely accept the much-needed high power charging rates, to enable our industry to achieve the ambitious goal of zero-emission transport for a cleaner world. Our 100in5 battery cells are already being tested by 15 global OEMs and partners, and results show that the XFC revolution is within reach.”
StoreDot's commitment to innovation and collaboration is being demonstrated through its rapidly growing global network of strategic partnerships with investors, leading OEMs, and battery manufacturers. Global automotive manufacturers Daimler, Volvo Cars, Polestar, VinFast, and Ola Electric are among the strategic investors of the company.
Recently StoreDot reported outstanding battery performance feedback for the A-Samples testing phase of its XFC electric vehicle battery cells. The comprehensive testing programs took place earlier this year by leading global automotive brand manufacturers from Europe, Asia, and the US, as well as several of StoreDot’s strategic ecosystem partners.
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