StoreDot is collaborating with partner Polestar to explore and demonstrate how its extreme fast charging (XFC) battery cell technology can be applied to an existing vehicle platform.
The two companies are now already in advanced collaboration and are working to demonstrate StoreDot’s production ready XFC technology at full scale in a Polestar 5 prototype vehicle in 2024.
This detailed collaboration includes key integrations such as the engineering design and cooling.
StoreDot has revolutionised the conventional Li-ion battery by innovating and synthesizing proprietary organic and inorganic compounds, optimised by Artificial Intelligence algorithms, enabling a charge of an EV in under ten minutes.
The firm’s other strategic investors and partners include BP, Daimler, VinFast, Volvo Cars, Ola Electric, Samsung, TDK, and its manufacturing partner EVE Energy.
Dr Doron Myersdorf, CEO of StoreDot, “We are extremely pleased and proud that Polestar aims to be the first automotive company to showcase our extreme fast charging battery cells in a full-scale, driveable prototype.
“Polestar is already a strategic investor in our business, but this really cements and builds on our collaboration.
“We still have lots of work to do to fully integrate our systems into a production car, but our teams are already fully engaged, and we will be demonstrating those results in the coming months.”
Thomas Ingenlath, CEO of Polestar, “StoreDot was our first financial investment in another company, and we have been collaborating with them to apply their advanced technology in proof-of-concept Polestar cars.
“StoreDot’s pioneering extreme fast charging batteries, combined with our upcoming top-of-the-line electric powertrain, can revolutionise the ownership experience for EV owners with the ability to recharge in minutes.”