StoreDot’s ‘100inX’ batteries near production after validation

StoreDot’s extreme fast charging EV batteries have been validated by leading independent battery lab Shmuel De-Leon Energy.

StoreDot’s battery technologies aim to deliver 100 miles of charge in five minutes by 2024, followed by 100 miles in three minutes by 2028 and 100 in two within a decade. The company has revolutionized the conventional Li-ion battery by designing and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, making it possible to charge an EV in under ten minutes – the same time it takes to refuel a conventional combustion engine car.

The internationally renowned experts in the field of energy storage and electric mobility subjected StoreDot’s production ready XFC batteries to a series of in-depth tests, confirming the technology’s commercialization viability and its superior fast charging and high-energy performance in comparison to any known XFC battery solutions for the EV sector.

The intensive independent test program was conducted at the Shmuel De-Leon Energy laboratories and covered energy density, charging rate, operating conditions and cycling. The results corroborated a sector-leading energy density of 300Wh/kg and 1000 consecutive XFC cycles for StoreDot’s proprietary technology that utilizes current deployed manufacturing equipment, which exceeded that of all other battery solutions tested.

Doron Myersdorf, CEO of StoreDot, said: “In recent months we have successfully concluded live public charging demonstrations of StoreDot’s XFC batteries. However, handing over our technology for independent assessment by leading battery labs of Shmuel De-Leon Energy was essential for us for independent validation of our extreme fast charging technologies.

“We are delighted to have passed yet another milestone on our strategic roadmap to deliver mass adoption of EVs with flying colors. It is particularly gratifying to have the commercialization validity and superior performance of StoreDot’s XFC and high energy technology verified by leading experts in the field. In addition, our technology continues to be trialed in the real-world by our leading automotive partners. Each goal reached and each test successfully passed further validates our confidence in our ability to deliver 100in5 battery technology by 2024 and 100in3 by 2028.”