HERZLIYA, Israel, April 4, 2024 /PRNewswire/ — StoreDot, a company that develops fast-charging electric vehicle batteries that aim to overcome range anxiety with extreme charging times and long battery life, has hit a milestone by achieving more than 2,000 consecutive XFC cycles, with the silicon dominant battery cells maintaining over 80% of their initial capacity. This means EV drivers can fast charge their cars in minutes every day, without worrying about the health of their battery.
These exceptional results, showing high energy density, are from cells achieving at least 330Wh/kg and 860Wh/L at stack level. The cells were charged consecutively from 10% to 80% in 10 minutes, demonstrating a charge rate of 4.2C, while discharged at a rate of 1C.
Battery cycle life is measured by the number of charge and discharge cycles a battery can undergo. This occurs before its capacity drops below an industry standard, typically 80% of the original capacity. Such achievement of battery cells capable of withstanding 2,000 cycles while meeting the 80% capacity retention benchmark represents a huge industry milestone. The results far surpass current and upcoming EV durability regulations. These results leave margins for other ageing factors in the real world. This translates to longevity and extended battery life, offering EV owners with a high market value.
In March 2022, StoreDot announced it had achieved 1250 cycles with smaller cells. Since then, the company has been scaling up and validating its technology. Having tested over 15 EV car brands using 30Ah EV cell capacity, they’ve surpassed an outstanding 2000 XFC cycles.
This landmark achievement is another major milestone on StoreDot’s path toward commercialization. It proves the maturity, stability, and durability of its game-changing XFC technology.
Yaron Fein, StoreDot Executive Vice President R&D
“Surpassing 2,000 cycles with our extreme fast charging cells solidifies StoreDot’s position at the forefront of battery technology innovation for electric vehicles. This milestone achievement validates the exceptional long-term performance and reliability of our silicon-dominant XFC batteries. We are rapidly progressing toward commercialization. StoreDot continues to set the pace, consistently meeting our milestones. They deliver a reliable, proven extreme fast charging solution aligned with car manufacturers’ zero-emission goals and timeline promises.”
StoreDot recently announced its anticipated milestones for 2024. These include demonstrating the world’s first EV pack equipped with XFC technology. Additionally, they ship prismatic B-samples, sign strategic manufacturing agreements, and expand US operations, progressing towards commercialization.
StoreDot is on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year. Moreover, the company aims to deliver 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028.
News related to StoreDot –
