StoreDot, a high-tech Israeli company, is on the verge of a major breakthrough in making batteries for electric cars and boats that can be fully recharged in just ten minutes.
The goal in the electric car market, and by extension the electric boat market, has been to make it just as easy to recharge an electric vehicle as it is to refuel a gas or diesel vehicle. That centers around a “100 miles in 5 minutes” theme, meaning you only have to charge the vehicle for 5 minutes (about the same time you now spend at your neighborhood gas station) to go 100 miles.
StoreDot and Polestar have joined forces to put the new battery in a prototype vehicle within a few months. StoreDot’s XFC cells work with 350-kW fast-charging units. The company says it has revolutionized conventional Li-ion batteries by synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, to charge an electric vehicle in ten minutes.
StoreDot says it will deliver the “100 miles in 5 minutes” goal this year, and then will move on to 200 miles in 10 minutes and 300 miles in 15 minutes. It will be ready for mass production in 2025, and is opening an innovation hub in California, with manufacturing plants coming in the U.S., Europe and Asia.
Some 15 leading OEMs tested StoreDot’s new extreme fast-charging battery last year and said there was no degradation, even after 1,000 consecutive cycles. The company’s investors include Polestar, Daimler and Volvo.
Read more at http://store-dot.com
