StoreDot
New Battery Technology - Fast Charging for Electric Vehicles
About Us
StoreDot is the pioneer and leader of extreme fast charging (XFC) batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by designing and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, making it possible to charge an EV in as little as five minutes – the same time it takes to refuel a conventional combustion engine car.
Through its ‘100inX’ product roadmap, StoreDot’s battery technology is designed for best driver experience, offering ‘Range On Demand’: 100 miles charged in 5 minutes (2024), 100 miles charged in 3 minutes by 2028, and extreme energy density solution enabling 100 miles to be charged in 2 minutes by 2032. StoreDot’s strategic investors and partners include Daimler, BP, VinFast, Volvo, Polestar, Ola Electric, Samsung, TDK and the manufacturing partner EVE Energy. In 2022, the company achieved a world first by demonstrating a live extreme fast charging of an EV battery cell. In April 2024 StoreDot and Polestar showcased the world’s first 10-minute electric car charge with si-dominant cells.
Relevant Challenges
EV Components & Batteries
Focuses on the development and optimization of EV parts, such as electric motors, power electronics, thermal management systems, or advanced batteries with longer lifespans and faster charging and safety mechanism to enhance vehicle performance, increase driving range, and reduce costs
Energy Storage & Management
Focuses on improving the range, performance and longevity of EVs through usage of energy with technologies such as energy recovery systems, energy harvesting or predictive analytics of battery performance
