StoreDot on track to deliver five-minute EV charging by 2024

Israeli battery developer StoreDot says it is on track to deliver mass production of batteries capable of charging 160-kilometres of range in 5 minutes by 2024, on the way to reaching a 2-minute charge time by 2032.

StoreDot, which was founded in 2012, has been prominent in battery development thanks to its promised 5-minute charge battery technology, “extreme fast charging (XFC) batteries that overcome the critical barrier to mainstream EV adoption – range and charging anxiety.”

At the beginning of 2021 the company unveiled engineering samples of its first-generation 5-minute charge battery which the company claimed proved the commercial viability of its extreme fast-charging battery technology.

The company subsequently unveiled in September a fast-charging cylindrical battery cell in the style of Tesla’s 4680 battery cell that it claims can be fully charged in 10 minutes.

StoreDot has also pioneered a new self-repairing battery cell technology that is able to regenerate underperforming battery cells while they are in use.

But it is the company’s 5-minute charge batteries which will have the most impact if they are able to bring them to the market soon.

The company’s strategic technology roadmap unveiled this week promises that the company is “firmly on track” to reach its first milestone, the production of its silicon-dominant anode XFC lithium-ion cells at scale by 2024 that will be capable of delivering 160-kilometres of range in 5 minutes of charge.

“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’s CEO.

“After intensive development of our silicon-dominant chemistries we will be mass-production ready by 2024, delivering a transformative product that will overcome the major barrier to the widespread adoption of electric vehicles – charging times and range anxiety.”

StoreDot expects to deliver these batteries in both pouch and 4680 family form factors.

In addition, while running in parallel to bringing its 5-minute battery to mass production, StoreDot claims that it is already at the “advanced stages of developing ground-breaking semi-solid-state technologies” which it believes will further improve its batteries by 40% over the next four years.

StoreDot believes it will be able to deliver batteries that produce 160-kilometres of charge in just 3 minutes in mass production by 2028.

The third generation of StoreDot’s battery technology – described as 100in5, 100in3, and 100in2 of miles per minute of charging – will deliver batteries capable of 160-kilometres (100 miles) of charge in 2 minutes by 2032.

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