Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home E-Mobility

StoreDot achieves all its milestones for 2022

Urja Daily by Urja Daily
December 13, 2022
in E-Mobility, News
Reading Time: 5 mins read
0
StoreDot achieves all its milestones for 2022
Share on FacebookShare on TwitterShare on Linkedin

StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles has already achieved all its planned milestones for 2022 and remains firmly on track for its 100inX strategic technology roadmap. Announced this year, the roadmap will see the delivery of mass produced battery cells capable of 100 miles of range in five minutes of charge by 2024, 100 miles in three minutes by 2028 and 100 miles in two minutes by 2032.

This year has been a critical one for StoreDot. While achieving ground-breaking fast charging performance, it has rapidly expanded its business, its global partners and footprint, and its portfolio of connections with global automotive manufacturers.

RELATED POSTS

The Hype Studio Partners with Kaydence Media Ventures to Boost Advocacy and PR Leadership

Zaggle and Standard Chartered Partner to Revolutionize Corporate Spend Management

In collaboration with its key manufacturing partner EVE Energy it began shipping EV cell samples of its ‘100in5’ battery technology to its strategic electric vehicle OEM partners and other potential customers. It is now very well poised to benefit from the accelerated mass adoption of electric vehicles, serving global automotive manufacturers with extreme fast charging batteries and assisting them and the entire EV ecosystem as they also undertake rapid business transformation.

The company also continued to raise investment and build relationships with leading global automotive companies. In January StoreDot announced the close of its Series D funding round of $70 million, with the lead investor being Vietnamese electric vehicle manufacturer, VinFast.

In April, India’s leading manufacturer of electric vehicles Ola Electric made a multi-million-dollar investment in StoreDot and committed to manufacturing cells with StoreDot’s extreme fast charging technology in India. This was followed by Volvo Cars investing in StoreDot and all-electric premium performance car brand Polestar following suit with a strategic investment in May.

StoreDot continues to innovate in its labs in Israel and the US building on its reputation of delivering consecutive cycles of extreme fast charging without sacrificing energy density.

It created cells that can achieve a world-leading 1200 cycles whilst maintaining an energy density of 300 Wh/kg. It also revealed technology allowing its cells to maintain a high-performance levels even after 1700 cycles, making them highly effective during the vehicle lifespan and also for a variety of ‘second life’ applications such as energy storage systems.

The reliability of its technology was also proven in front of a live audience when it demonstrated its ‘100in5’ battery technology at EcoMotion Week in Israel and in Web Summit, Lisbon. Its superior performance was also successfully validated earlier this month by leading independent battery lab Shmuel De-Leon Energy.

Additionally the company grew its senior leadership team this year by recruiting Dr David Lee as its global Chief Science Officer and Tamir Ben-Moshe as VP Operations. It also rewarded members of its R&D leadership team – Yaron Fein who heads all StoreDot’s R&D activities was promoted to Executive VP of R&D, and Dr. Nir Kedem was promoted to VP Cell Development. StoreDot also continued its global expansion, particularly in its US-based R&D center and will continue this globalization effort throughout next year.

Dr Doron Myersdorf, StoreDot CEO: “2022 has been StoreDot’s best year to date and has affirmed our positioning amongst the leading innovators and cell manufacturers at the high end of what’s available in the market.

“I want to thank everyone that has helped us on our journey to date, from my talented fellow management team and devoted employees to strategic investors and OEM partners. We have delivered exactly what we had promised we would 24 months ago. We say what we do and do what we say, and we will remain completely transparent about our objectives and continue to set realistic, achievable yet ambitious timelines.

“Next year our focus will be on establishing manufacturing partnerships and broadening our capabilities in additional battery form factors, whilst also reducing charging times further and pushing the boundaries of semi-solid and post-Lithium technologies. We look forward to building even stronger relationships with our global automotive partners and will continue to expand globally augmenting both our leadership team and our world-class battery expertise.

“Our battery cells are currently undergoing real-world testing of the ground-breaking XFC technology around the world and the results so far have been extremely positive and consistent. We remain highly focused on pushing the known boundaries of battery technology to accelerate mass EV adoption with our innovation focus around fast charging aiming at eliminating range and charging anxiety.”

Tags: Batteryelectric vehiclesextreme fast chargingStoreDotTechnologyXFCS
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Hype Studio Partners

The Hype Studio Partners with Kaydence Media Ventures to Boost Advocacy and PR Leadership

by Palak
September 4, 2025
0

New Delhi – The Hype Studio, an elite communications and PR consultancy known for its tailored, insight-driven strategies, today announced...

Zaggle and Standard Chartered Partner to Revolutionize Corporate Spend Management

by Palak
September 4, 2025
0

Mumbai, Maharashtra, India - Zaggle Prepaid Ocean Services Limited (Zaggle) announced a partnership with Standard Chartered Bank. Under the partnership,...

JSW Energy

JSW Steel Awards Repeat 220kV Cable Project to Sharika Enterprises at Dolvi

by Palak
September 3, 2025
0

New Delhi : Sharika Enterprises Limited (SEL) has announced that it has secured a repeat order from JSW Steel Limited for...

Delta SEMICON

Delta Showcases Advanced Automation at SEMICON India 2025

by Palak
September 3, 2025
0

New Delhi – Delta unveiled a comprehensive portfolio of next-generation innovations at SEMICON India 2025, inaugurated by the Hon’ble Prime Minister...

Greenzo Energy

Greenzo Energy Bags Order for Electrolyser Plant in Odisha

by Palak
September 2, 2025
0

Greenzo Energy India Limited has secured an order from Jindal Stainless Limited (JSL) to set up an advanced electrolyser-based green...

Next Post
Mr. Raman Bhatia, MD, Servotech and Mrs. Sarika Bhatia, Director Servotech with Mr. Subrahmanyam Pulipaka, CEO, NSEFI at the time of the signing of the agreement

Servotech Pact with NSEFI to Install Solar-Powered EV-Charging Carport

Trina Storage battery

Trina Storage Elementa chosen by Econergy for 50MW/102 MWh battery project

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Mr. Raman Bhatia with Jerry Nie Sino Zhuhai Piwin New Energy Co., Ltd

Servotech Renewable Power Partners with Zhuhai Piwin New Energy in Exclusive Deal

September 8, 2025
Vikram Solar

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

September 8, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Servotech Renewable Power Partners with Zhuhai Piwin New Energy in Exclusive Deal

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

What Are the Latest Technological Innovations in Fuel Cell Vehicles?

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

UAE Energy Undersecretary Visits Tellus Power Globe Holding’s Hong Kong Office

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved