StoreDot emphasizes extreme fast charging importance as better charging infrastructure rolls out
Battery tech company says challenges to widespread EV adoption will continue unless charging times are reduced as charging infrastructure grows.
While the EV market has been expanding for the past several years, many inhibitors to widespread EV adoption continue to exist. Among them are relatively high vehicle purchase prices (due mostly to high EV battery costs), home charging solutions for urban settings, and range anxiety.
Several studies and surveys also list charging anxiety, which is caused by low public charger availability and relatively slow EV charging times — compared to ICE (internal combustion engine) vehicle refueling times — as another major reason why many consumers are still hesitant to make the transition to electric mobility. One technology company has recognized this issue and believes it is as critical to EV adoption as any charging infrastructure challenge.
Battery startup StoreDot has developed its Extreme Fast Charging (XFC) technology for EV batteries to enable charging in under 10 min. The company believes that the recent deployment of high-power chargers must be matched with the deployment of XFC battery technology in EVs. It says that battery technology and high-power charging infrastructure are intertwined, and are both necessary to unlock the mass adoption of EVs.
StoreDot is now shipping samples of its 100in5 silicon batteries capable of delivering 100 mi, or 160 km of charge in just five minutes. The company claims its global OEM partners, which it lists as