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Herzliya, Israel, 7th September 2022 StoreDot, the pioneer of extreme fast charging batteries for electric vehicles, has commenced shipping EV cell samples of its ''100in5'' battery technology to strategic electric vehicle OEM partners and potential customers.
Following the successful completion of series D funding round, StoreDot commences shipping its production ready battery cell samples to global Electric Vehicle OEMs. It represents another significant step on StoreDot''s roadmap to begin mass-producing its ''100in5'' battery cells during 2024, and to deliver a step-change in global EV adoption. This technology provides 100 miles of range in just 5 minutes consistently and without compromising battery''s health.
Shipped in EV form factor, the 30Ah silicon-dominant anode, lithium-ion pouch cells are currently undergoing intensive real-world testing with strategic OEM partners and other automotive players.
Amir Tirosh, StoreDot Chief Business Officer "Shipping the large form factor samples of our advanced ''100in5'' battery technology to over a dozen of strategic partners and potential OEM customers across the globe is a truly historic moment for StoreDot. It is the culmination of ten years of intense research and development and demonstrates our strong determination to push the known boundaries of battery technology to accelerate mass EV adoption and eliminate range and charging anxiety."
StoreDot has already proven the effectiveness of its extreme fast charging – XFC – battery in public during a highly attended live demonstration in Oslo in June, at The International Electric Vehicle Symposium (EVS), one of the key conferences for the EV industry. StoreDot is currently working on mass production readiness of its ''100in5'' cells with its long-standing manufacturing partner, EVE Energy in China, in parallel to expanding its global manufacturing footprint in other geographies.
StoreDot is the pioneer and leader of extreme fast charging (XFC) electric vehicle batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by designing and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, making it possible to charge an EV in under ten minutes – the same experience as refueling a conventional combustion engine car.
Through its '100inX' product roadmap, StoreDot's battery technology is delivering ''Range on DemandTM'': 100 miles charged in 5 minutes in 2024, 100 miles charged in 3 minutes by 2028, and extreme energy density solution enabling 100 miles to be charged in 2 minutes by 2032. StoreDot's strategic investors and partners include Daimler, BP, VinFast, Volvo, Polestar, Ola Electric, Samsung, TDK and its manufacturing partner EVE Energy. In 2022, the company achieved a world first by demonstrating a live extreme fast charging of an EV battery cell in 10 minutes. StoreDot is on target for mass production readiness of 100in5 technology by 2024.
An Israeli automotive startup was busy completing its first major contract with car giant Volvo when its team was caught up in the October 7 attack by the Hamas terror group, which killed 1,200 people in southern Israel.
Carrar has developed a new way of automatically cooling electric vehicle (EV) batteries, by more effectively dissipating the heat generated when being used or charged, or just idling in a hot parking lot. This prevents damage to the batteries that in some extreme circumstances could even cause the car to catch fire.
The Carrar facility is based near the city of Sderot, where gangs of terrorists who stormed across the border from Gaza rampaged through the streets for hours until they were brought down by Israeli security forces.
Most of the company''s 24-person team also lives in or near Sderot, not far from the Carrar base at Sapirim Industrial Park. And like most people, they found their lives – and work – put on hold as Israel reeled from the shock of the attack.
Hamas terrorists did in fact target the company''s facilities with rocket-propelled grenades, but the factory fortunately escaped without severe damage.
"We were all in shock during that first week," CEO Avinoam Rubinstain tells NoCamels.
Tom Balestra, the company''s R&D integration engineer, hid under the bed with his pregnant wife for 13 hours at their home in Kibbutz Nir Am. It was one of the few communities that Hamas terrorists failed to enter, thanks to the civil guard who repelled their attacks.
"On October 7, we didn''t know until late at night whether everyone was still alive," Rubinstain recalls.
But by the second week of the war, the Carrar team had decided to return to work. On their first day back, they were accompanied by members of the Israeli security forces to ensure that no Hamas terrorists had escaped and were hiding out in their offices.
According to Rubinstain, the chances of successfully making the November deadline for their first major business deal were low.
“There was not a high probability that we would make the target, but the team worked really hard," he says. Not only did they give up their weekends to reach their goal but also repeatedly flew back and forth to Germany, where they were now testing the battery packs.
And despite all the worry, fear and grief that the team was going through, they made the deadline.
The company''s patented battery packs house an EV''s lithium ion fuel cells. The packs are filled with liquid that vaporizes whenever the fuel cells heat up, which happens whenever the car is being driven or charged.
The solution is universal, and has already been tested on battery cells from multiple manufacturers.
"We got attention from almost every car manufacturer," he says, "because the challenges that Carrar addresses is one of the biggest challenges in the market – to make the EVs available to everyone."
One downside to liquid cooling is that the connections between the pipes can degrade over time and lead to the coolant leaking, hurting battery performance and lifespan and posing potential safety hazards.
But the greatest drawback, says Rubinstain, is that this system – and the other methods used to cool EV batteries – simply cannot dissipate enough heat.
This means that EV makers deliberately slow the process to fully charge batteries. Most public charging stations will deliver enough juice per hour for 15-25 miles (24-40 km) of driving – meaning it takes 10 hours or more to completely charge a battery.
But Rubinstain says that EVs fitted with Carrar''s battery packs only need around 20 minutes to fully charge.
And despite the trauma they have faced, the Carrar team keeps working, looking ahead to the next big project.
"We see our company as an island of stability for our workers."
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