StoreDot on track to achieve 100 miles per 5 minutes of charge in 2024

StoreDot on track to achieve 100 miles per 5 minutes of charge in 2024


StoreDot, which calls itself a pioneer of extreme fast charging (XFC) battery technology for electric vehicles, has revealed its strategic technology roadmap, ‘100inX’. According to the roadmap, StoreDot is on track to deliver batteries capable of charging 100 miles of range on just a two-minute charge, with mass production readiness planned within 10 years.

StoreDot says it is also firmly on track for its first milestone for global automotive manufacturers: producing its silicon-dominant anode XFC lithium-ion cells at scale by 2024, which will be capable of delivering 100 miles of range in five minutes.

In parallel, StoreDot is already at the advanced stages of developing semi-solid-state technologies that will further improve the batteries by 40% over four years – delivering 100 miles of charge time in three minutes and be ready for mass production by 2028.

“It’s absolutely crucial that we give global automotive manufacturers a clear, realistic and hype-free roadmap for the introduction of our fast-charging battery technologies,” said Dr Doron Myersdorf, StoreDot CEO.

According to StoreDot, 100-in-5, 100-in-3 and 100-in-2 of miles per minute of charging are three generations of StoreDot technologies of Silicon dominant XFC, semi solid state and full solid state. The company says they will be delivered over the coming decade, with 100in5 by 2024, 100in3 by 2028 (40% improvement) and 100in2 by 2032 (additional 33% improvement).

“We are committed to a rapid transition to a cleaner, zero-emissions world and our strategic technology roadmap extends long after 2024, where each milestone represents an impressive performance improvement – a major impact on the driver’s experience. We are also progressing with our semi-solid state battery aiming for its production at scale by 2028, which will demonstrate a better charging experience for EV drivers in terms of miles per minute of charging,” Myersdorf continued.

“Our ultimate goal though, and one that is now absolutely in our grasp, is to produce cells that will revolutionise charging times, achieving 100 miles of range in only 2 minutes. This breakthrough performance that was once considered impossible – is achievable with StoreDot’s technology in just 10 years from now.”

StoreDot’s XFC cells will be available in both pouch and the 4680 family form factor – the formats increasingly favoured by the majority of global car manufacturers. Work for these XFC cells has been undertaken with participation of global experts from Israel, the UK, the US and in China. ‘100in5’ cells of StoreDot’s XFC technology are already being tested in the real world by a number of automotive OEMs.

The company’s strategic investors include VinFast, BP, Daimler, Samsung Ventures and TDK. In 2019, the company achieved a world first by demonstrating the live full charge of a two-wheeled EV in just five minutes. In 2020, the company demonstrated the scalability of its XFC batteries and is on target for electric vehicle battery production at scale by 2024.