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StoreDot’s Revolutionary 10-Minute Charging Battery Set For 2026 Launch

With Five Major Automakers Testing Its XFC Batteries, StoreDot Aims To Eliminate Range Anxiety With 10-Minute Charging Times

Michael Phoon

October 9, 2024 Updated 04:31, October 9, 2024

2 min read

In a new development for the electric vehicle (EV) industry, StoreDot has announced major strides in its commercialization journey as its innovative battery technology is gaining traction among automakers and could hit the market as soon as 2026.

StoreDot’s Key Developments

According to StoreDot, five of the world’s top ten automakers are currently testing StoreDot’s advanced battery technology. This represents a significant milestone as the company works towards revolutionizing the EV market with its innovations.

StoreDot’s XFC (Extreme Fast Charging) batteries stand out for their remarkable 10-minute charging time. What makes this technology even more impressive is that it achieves this rapid charge without compromising the vehicle’s driving range or the long-term health of the battery, addressing two major concerns for EV users.

Polestar 5 (Image: Polestar)

The company has already showcased its cutting-edge battery technology in a prototype of the Polestar 5, further demonstrating its practical application and effectiveness in real-world scenarios.

StoreDot’s technological advancements are protected by more than 100 patents, ensuring the company’s innovations remain exclusive as they push the boundaries of EV battery performance and charging capabilities.

Addressing Industry Challenges

StoreDot’s advancements come at a crucial time for the EV industry. Recent months have seen several major automakers scaling back EV production due to slowing demand, particularly in Europe where government subsidies are dwindling. A primary concern for potential EV adopters has been the limited charging infrastructure and long charging times, which are issues that StoreDot’s technology directly addresses.

Dr. Doron Myersdorf, CEO and Co-Founder of StoreDot, commented on the company’s progress: “We’re proud to check the box on yet another commercial milestone. Partnering with leading OEMs allows us to continue optimizing our XFC technology, while charging from 10-80 percent in only 10 minutes.”

Technical Advantages

StoreDot’s silicon-based XFC (Extreme Fast Charging) battery technology presents several notable advantages for EVs. The most impressive feature is its rapid charging capability, allowing the battery to charge from 10% to 80% in just 10 minutes. This is twice as fast as current premium fast-charging models on the market. Despite this speed, the technology does not compromise battery durability, as the fast-charging process does not result in any additional degradation over time. 

Furthermore, StoreDot’s solution is designed for easy integration, offering a “drop-in” approach that enables manufacturers to adopt the technology without needing additional capital investments or changes to their existing production lines.

Future Roadmap

StoreDot has set ambitious goals for further enhancing charging speeds, as outlined in its “100inX” roadmap. By 2024, the company aims to reduce charging times, making it possible to charge 100 miles worth of range in under 5 minutes. 

By 2026, this time will be shortened to just 4 minutes, with the ultimate goal of reducing it to 3 minutes by 2028. This roadmap highlights StoreDot’s commitment to pushing the boundaries of fast-charging technology, providing a glimpse into the future of EV battery performance.

The adoption of StoreDot’s technology could be a game-changer for the EV industry. By effectively eliminating “range anxiety” and significantly reducing charging times, StoreDot’s batteries address two of the most significant barriers to widespread EV adoption. Myersdorf predicts that “XFC technology will evolve from a premium feature to a standard in all EV models, solving charging and range anxiety.”

With backing from strategic partners including BP, Daimler, and Volvo, the success of StoreDot’s fast-charging batteries could mark a turning point in EV adoption.

As the company continues to work closely with major automakers to customize and integrate its XFC technology into upcoming models, all eyes will be on StoreDot and its automaker partners to see if this promising technology can indeed deliver on its game-changing potential as we approach 2026. 

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