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StoreDot also plans to pursue continued commercialization of its XFC battery cells as well as work with customers on different battery form factors in 2024

Israel-based fast-charging battery technology company StoreDot plans to focus its immediate research and development (R&D) efforts on developing advanced B-sample prismatic cells, through joint development programs with several global car manufacturers, the company said Jan. 11.

The plan is part of StoreDot’s strategy for 2024, which also entails continued commercialization of its extreme fast charging (XFC) battery cells by pursuing mass production as well as executing joint development programs with several original equipment manufacturers on the different battery form factors.

Moreover, in collaboration with Polestar, StoreDot intends to showcase the world’s first electric vehicle fitted with XFC battery-cell technology later in 2024. “This demonstration of production-ready batteries, fitted to a prototype vehicle is set to be a game changer for the industry, opening the door for the entire EV ecosystem to embrace XFC technology,” the company said in its press note.

Supporting this progress, StoreDot's US team plans to expand its new facility in Irvine, Calif. The company said that its US arm is uniquely placed to harness the skills available on the West Coast as it develops future semisolid and solid-state batteries.

StoreDot said that its 100inX product roadmap remains on track with production-readiness of XFC cells that can deliver 100 miles charged in five minutes this 2024, 100 miles charged in four minutes in 2026 and 100 miles charged in three minutes by 2028.

Commenting on the milestones for 2024, Doron Myersdorf, CEO, StoreDot, said, “We are incredibly excited for the future and proud of the progress we have made so far. 2024 will be the year of prismatic B-samples, proving our XFC technology scales to automotive production as we transition towards mass manufacturing readiness. StoreDot is the pioneer of XFC cells, and this year will see us continuing our path towards commercialization and cementing our position as the world leader in delivering extreme fast charging battery technologies.”

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