STOREDOT’S SILICON BATTERIES WILL ENABLE SMALLER BATTERY PACKS CAPABLE OF EXTREME FAST CHARGING, LEADING TO MORE ACCESSIBLE ELECTRIC VEHICLES

STOREDOT’S SILICON BATTERIES WILL ENABLE SMALLER BATTERY PACKS CAPABLE OF EXTREME FAST CHARGING, LEADING TO MORE ACCESSIBLE ELECTRIC VEHICLES

With the optimal driver experience of extreme fast charging in mind, StoreDot’s technology has reached sufficient charging and discharging cycles that it will enable vehicle manufacturers to include a smaller battery pack. Smaller packs with XFC translate into improved EV specifications including better car efficiency, increased utilization of regenerative braking, reduced carbon footprint and lower costs. As a result, such affordable and lighter EVs will serve a broader audience and further enhance the adoption and transition to EVs.

StoreDot is now on track to deliver its 100in5 silicon-dominant extreme fast charging batteries to EV OEMs by next year. This transformative technology will deliver 100 miles, or 160 km of range in just five minutes of charge. As a result, EV drivers will no longer need to worry about the range between charges, or charging times, allowing car makers to re-evaluate the specifications of electric vehicles. With StoreDot’s XFC technology, OEMs will be able to optimize a vehicle’s weight and cost, rather than pushing for ever greater range and battery size.

Downsizing from an average premium vehicle requiring an 80kWh to a 50kWh battery pack could save approximately 200kg from the EV’s weight (the equivalent weight of 3-4 people) and importantly, could reduce the build cost of the car by $4,500, depending on metal cost fluctuations and energy density improvements*. The environmental impact of such a design change will be highly significant too as it will lower amount of raw materials used in each vehicle, reducing its EV carbon footprint throughout its lifecycle. XFC in smaller packs also means efficient regenerative braking as it can accommodate the corresponding recuperated high currents.