In March, StoreDot officially announced a strategic manufacturing agreement with leading global battery manufacturer EVE Energy. Under the agreement, EVE Energy will produce StoreDot’s 100in5 XFC (Extreme Fast Charging) cells to meet the needs of OEMs.
EVE Energy ranks among the top 10 global electric vehicles battery suppliers, presented in China and has additional facilities in Asia, Europe, and North America, either under construction or planned.
This agreement marks a significant milestone for StoreDot, as it secures access to EVE’s extensive production capabilities. The deal will enable StoreDot to manufacture its XFC cells using EVE’s state-of-the-art production lines in China and deliver them directly to global EV manufacturers.
Last month, StoreDot published the results of extreme cold-weather testing of its silicon-based battery cells. The tests demonstrated that StoreDot’s batteries charge to 80% capacity at -10°C without any significant loss in charging speed. Even in cold temperatures, the range remains strong, with over 85% of full power delivered at -10°C and more than 70% at -20°C.
In January, StoreDot announced the production of its first prismatic XFC battery cells, a rectangular form factor favored by most EV manufacturers. Prismatic cells, arranged in layers, offer enhanced mechanical protection and performance. Their flat surface allows to better manage thermal detail‘s temperature and improved safety, making the integration of these cells into EVs simpler compared to pouch designs, reducing both cost and complexity.
StoreDot is a pioneer in extreme fast-charging (XFC) battery technology for electric vehicles. The company is gearing up to launch mass production of batteries that can deliver 100 miles of range with just five minutes of charging.