Five-minute charge li-ion battery

The first production batch of five-minute charge sample cells, which is targeted at showcasing the technology to potential EV and industry partners has been unveiled. The first-generation battery was used to demonstrate the full charge of a two-wheeled EV in just 5 minutes for the first time and can offer ultra-fast charging to a number of other industries, such as commercial drones and consumer electronics.

The sample cells were produced by Israel-based StoreDot by its strategic partner in China EVE Energy, and backed by investors that include BP, Daimler, Samsung Ventures and TDK. Crucially, unlike competing technologies which require significant capital expenditure in bespoke manufacturing equipment, StoreDot XFC batteries are designed to be produced on existing li-ion production lines.

Dr. Doron Myersdorf, CEO of StoreDot, commented: “We founded StoreDot to achieve what many said could never be done – develop batteries capable of delivering a full charge in just five minutes. We have shown that this level of XFC charging is possible – first in 2019 with an electric scooter and again six months ago with a commercial drone. We are proud to make these samples available, but today’s milestone is just the beginning. We’re on the cusp of achieving a revolution in the EV charging experience that will remove the critical barrier to mass adoption of EVs.”

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