Israeli startup StoreDot develops battery that can charge electric vehicles in 4 minutes
StoreDot, an Israeli company that specializes in extreme fast charging (XFC) battery technology for electric vehicles, has announced a breakthrough in its development roadmap. The company has achieved its ‘100in4’ milestone, which means it can charge a battery to provide 100 miles of range in just 4 minutes.
This achievement is based on a series of improvements to the battery system, including chemistry, cell and pack design, cooling optimization, and internal connections.
StoreDot claims that its ‘100in4’ technology has a projected energy density of 340Wh/kg, which is 10% higher than its previous ‘100in5’ cells. The company also says that it has tested its prototype cells for 1100 XFC cycles, demonstrating their durability and scalability.
StoreDot’s goal is to make electric vehicles more convenient and attractive for consumers, by eliminating the long charging times and range anxiety that are often cited as barriers to adoption. The company plans to introduce production-ready cells that can charge 100 miles in 5 minutes this year, and aims to achieve 100 miles in 3 minutes by 2028.
“By taking a balanced, system-level approach, we are unlocking the full potential of our XFC battery technology to maximize real-world performance. Rather than prioritizing charging speed, our plan focuses on technological enhancements across the board – energy density, cell and pack design, chemistry, and cooling optimization. The result is an extremely fast charging experience that can be easily deployed on today’s infrastructure.”
Dr Doron Myersdorf, CEO of StoreDot,
StoreDot is not the only company working on fast-charging batteries for electric vehicles. Last year, researchers at Penn State University published a study in Nature revealing they have developed an EV battery that can charge up to about 70% capacity in roughly 10 minutes. However, StoreDot’s technology seems to have an edge in terms of speed, energy density, and cycle life.
Extreme fast charging is expected to transform the electric vehicle market and accelerate the transition to a low-carbon future. According to a report by BloombergNEF, electric vehicles will account for 58% of new passenger car sales globally by 2040, and 31% of the total car fleet. With faster and more convenient charging options, electric vehicles could become even more popular and competitive with conventional cars.
