Extreme fast charging firm StoreDot is continuing its path to commercialisation and intends to showcase the world’s first electric vehicle (EV) fitted with XFC battery cell technology this year.
In collaboration with Polestar, this demonstration of production-ready batteries, fitted to a prototype vehicle is set to be a game changer for the industry, opening the door for the entire EV ecosystem to embrace XFC technology.
The company will also expand its operations in the US, opening its research hub in Irvine, CA and it remains on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028.
Supporting progress, StoreDot’s US team’s new facility in Irvine aims to harness the skills available on the west coast of the USA, as it develops future semi-solid and solid-state batteries. It is well-positioned to directly serve the company’s US-based automotive customers.
In addition, it aims to enhance its partnerships with other automotive manufacturers and manufacturing partners, in order to scale up its global manufacturing footprint and capacity to support global car makers.
Doron Myersdorf, CEO StoreDot said: “We are incredibly excited for the future and proud of the progress we have made so far. 2024 will be the year of prismatic B-samples, proving our XFC technology scales to automotive production as we transition towards mass manufacturing readiness.
“StoreDot is the pioneer of XFC cells, and this year will see us continuing our path towards commercialization and cementing our position as the world leader in delivering extreme fast charging battery technologies.”
Image of Doron Myersdorf courtesy of StoreDot
