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Ten-minute EV charging is now possible, thanks to large prismatic batteries

By Michelle Froese | September 12, 2024

StoreDot, the pioneer in extreme fast-charging (XFC) silicon battery technology for electric vehicles (EVs), announces that its prismatic battery cell charges from 10 to 80% in just 10 minutes without compromising on the battery’s health and range — solving the charging speed challenge.

A graph showing StoreDot 10-minute charging (10 to 80%) achieved with prismatic battery cells.

StoreDot’s battery addresses the main barrier to mass EV adoption by eliminating charging anxiety and is available for immediate integration by OEMs.

Over half of survey respondents from the UK and Germany are hesitant to switch to EVs due to lengthy charging times, despite nations investing in expanding charging infrastructure to meet growing demand and curb CO2 emissions. After years of double-digit growth, declining interest combined with slower sales growth by late 2023 puts the EV industry at risk of losing momentum if it doesn’t secure fast-charging battery technology to ease consumer anxiety.

StoreDot announced it had successfully assembled its first-ever prismatic cells earlier this year, and now thanks to the ongoing agreement with leading automotive manufacturer Flex|N|Gate, it has proven its XFC battery technology is production-ready at a scale to satisfy global demand. The sample cells tested had an 80Ah (amp hour) capacity, demonstrating the ability to charge 10 to 80% in 10 minutes without overheating, paving the way for developing 160Ah cells that align with customer requirements.

Powered by its detailed cell design and an experienced engineering team, StoreDot’s XFC cells enable 100 miles of charge in five minutes, and its team is working to reduce the charge time to four minutes by 2026. Despite halving the charging time compared to other premium fast-charging models, StoreDot’s batteries uniquely show no accelerated degradation due to fast charge.

StoreDot has partnered with 15 OEMs to extensively test its production-ready silicon XFC battery cells, which can be seamlessly integrated into existing EV architectures to fit any manufacturer strategy. StoreDot’s unique design combines high energy density, which is critical for high-performing EV batteries, reliability, and the same price trajectory as standard battery solutions, enabling manufacturers to build more affordable EVs.

“This milestone not only demonstrates our ability to work closely with EV OEMs to customize the XFC technology to their specific format, it also showcases the success of our partnership with Flex|N|Gate in scaling up our prismatic cells,” says Amir Tirosh, COO of StoreDot. “Together, we’ve taken a giant leap forward in EV battery innovation, offering OEMs our game-changing XFC technology in the prismatic format many prefer. This achievement is a testament to the power of collaboration in revolutionizing the EV industry, bringing us significantly closer to our vision of making extreme fast charging a reality for millions of drivers worldwide.”

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Filed Under: Charging, Technology News
Tagged With: storedot
 

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