StoreDot makes progress on extreme fast charge batteries
StoreDot, a company that specializes in extreme fast charging (XFC) high energy battery solutions for electric vehicles, has announced its global manufacturing strategy that will be implemented in three continents. The strategy aims to localize the supply chain in the US, Asia, and Europe, enabling just-in-time production efficiency, reducing carbon impact, and allowing the company to serve its OEM customers in their own locations.
Instead of building its own facilities in the mid-term, StoreDot plans to collaboratively produce these batteries in existing and future local gigafactories. The production of these batteries is expected to commence later next year. Over 15 global automotive brand manufacturers are already testing the XFC batteries and systems, and StoreDot has additional potential manufacturing partnerships in the pipeline for this year.
Last year, StoreDot unveiled its ‘100inX’ strategic technology roadmap, which outlines three generations of StoreDot technologies: silicon-dominant XFC, semi-solid state, and post-lithium architectures. The roadmap states that these timings will be delivered to automotive OEMs over the coming decade, with 100in5 being delivered by 2024. The ‘100in5’ cells will provide at least 100 miles of range for each five minutes of charging. This will be followed by 100in3 by 2028 and 100in2 by 2032.
StoreDot’s focus on extreme fast charging battery solutions could revolutionize the electric vehicle industry, and its efforts to localize its supply chain and collaborate with existing gigafactories could help reduce its carbon impact. The company’s strategic technology roadmap highlights its commitment to delivering innovative solutions to its customers and the industry as a whole.