StoreDot has launched the first ever five-minute charge electric vehicle (EV) battery, representing a major milestone in the quest to overcome public range and charging anxiety.
The Israeli-based firm will target industry partners with their first production batch of sample cells, which were developed by StoreDot’s strategic partner in China – EVE Energy Co.
The extreme fast charging (XFC) battery technology replaces the graphite in the cell’s anode with metalloid nanoparticles and are designed to be produced on existing lithium ion production lines. This eliminates the need for further capital expenditure in bespoke manufacturing equipment.
The samples are compliant with UN 38.3, a global certification that ensures batteries pass all testing and safety requirements under the UN Manual of Tests and Criteria.
Doron Myersdorf, chief executive of StoreDot, explained the significance of the development for consumers: “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.”
Demonstrating the commercial viability of the technology, the first-generation battery was used to demonstrate the full charge of a two-wheeled EV in five minutes.
Charging infrastructure currently represents a significant hurdle in widespread EV adoption. Indeed, research by the European Automobile Manufacturers Association exposed the inadequacy of EV charging infrastructure across the EU.
The annual study revealed that, while sales of EVs in the EU increased by 110% since 2017, the number of available charging points only grew by 58%.
However, in collaboration with its strategic partners, StoreDot is raising the stakes. Myersdorf continued: “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.”
Referring to the firms plans to launch a second-generation, silicon dominant anode prototype for EVs, Myersdorf concluded: “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.”