Israeli startup StoreDot, which develops fast-charging (XFC) battery technology, has unveiled its first-generation five-minute charge battery engineering samples, the company announced Tuesday.
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This represents a significant milestone for the company, which has made it its mission to eliminate the range and charging anxiety of electric vehicles (EVs) by demonstrating the commercial viability of XFC batteries via a small form-factor battery cell.
StoreDot is releasing the first production batch of sample cells, which is targeted at showcasing the technology to potential EV and industry partners. This first-generation battery was 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.
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.
StoreDot CEO Dr. Doron Myersdorf said, "StoreDot continues to go from strength to strength as we get one step closer to making our vision of five-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," Myersdorf said.
"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," Myersdorf declared.
The sample cells were produced by StoreDot's strategic partner in China – EVE Energy Co., Ltd. Crucially, unlike competing technologies which require significant capital expenditure in bespoke manufacturing equipment, StoreDot XFC batteries are designed to be produced on existing Li-ion production lines at EVE Energy. The samples are compliant with UN 38.3, which ensures the safety of Li-ion batteries during shipping.
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