StoreDot says it will soon be manufacturing silicon batteries that enable car makers to design and produce cheaper, lighter and more sustainable EVs. StoreDot says its technology has reached sufficient charging and discharging cycles to enable vehicle manufacturers to include a smaller battery pack.
Smaller packs with “Extreme Fast Charging” (XFC) translate into improved EV specifications, including better car efficiency, increased utilization of regenerative braking, reduced carbon footprint and lower costs, the company says.
Downsizing from an average premium vehicle requiring an 80kWh to a 50kWh battery pack could save approximately 200kg (approx. 440 lbs.) from the EV’s weight and could reduce the build cost of the car by $4,500, depending on metal cost fluctuations and energy density improvements, the company says. XFC in smaller packs also means efficient regenerative braking as it can accommodate the corresponding recuperated high currents.
StoreDot says it is on track to deliver its 100in5 silicon-dominant XFC batteries to EV OEMs by next year. This technology will deliver 100 miles, or 160 km of range in five minutes of charge. StoreDot says its XFC battery cells are now being tested by over 15 global automotive manufacturers.
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