StoreDot unveils 'commercially viable 5-minute charge' battery samples

by Margaret Lau
CEO Doron Myersdof: 'Important milestone'. Photo: StoreDot
Israeli battery developer StoreDot has unveiled its first "five-minute charge” lithium-ion battery samples – which the company said demonstrates the commercial viability of its extreme fast-charging (XFC) technology.

The sample cells were produced by StoreDot's Chinese partner, EVE Energy, whose existing lithium-ion production lines can produce the XFC batteries.

StoreDot said the samples represent "a significant milestone" in the firm's work to "eliminate electric vehicle range and charging anxiety".

The company said the samples are compliant with UN 38.3 shipping safety certification – and their production paves the way for the introduction of the firm’s second-generation, silicon-dominant prototype battery for EVs, later this year.

'Key breakthrough'

"The samples have been used to demonstrate the full charge of a two-wheeled EV in just five minutes for the first time and can offer ultra-fast charging to a number of other industries, such as commercial drones and consumer electronics,” StoreDot said.

"The first-generation engineering samples demonstrate to EV OEMs and battery manufacturers the successful replacement of graphite in the cell's anode using metalloid nano-particles – a key breakthrough in overcoming major issues in safety, battery cycle life and swelling.”

CEO Dr Doron Myersdorf said: "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.”

StoreDot’s investors include venture capital firm BP Ventures and German car giant Daimler.

Click on the link below to see StoreDot’s demonstration video on YouTube.