StoreDot Ships EV Battery Cell Samples To Global OEMs: 300 Wh/kg via insideevs.com
According to investor website PitchBook , since its founding in 2012, StoreDot has raised $269 million, at a valuation of $1.3 billion.Amir Tirosh, StoreDot Chief Business Officer said:
An interesting thing is that extreme fast charging is not the only advantage of the StoreDot's batteries, as the company notes also more than 900 consecutive charging cycles in 10 minutes, with an energy density of more than 300 Wh/kg. As we understand, it means a very high gravimetric energy density, as well as potentially low battery capacity degradation . The company's next goal is to increase the number of cycles to 1,000.
The strategic plan includes also improvements in terms of charging power to replenish enough energy for 100 miles of driving in 3 minutes and in 2 minutes"within a decade". Those new cells are also promised to offer significantly higher energy density of respectively 400 Wh/kg and over 500 Wh/kg.
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