Israeli battery tech developer StoreDot says its silicon-dominant cells have achieved a lifetime of 1,200 cycles in testing. Using a specially designed testing form factor, StoreDot’s engineers have exceeded 1,200 cycles with cells that are charged to 80% of capacity in 15 minutes, then discharged for one hour. The company says the results were achieved… Read more »
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Battery developer StoreDot raises $80 million in Series D funding
Israeli battery developer StoreDot has raised up to $80 million in a Series D funding round that included Vingroup, bp ventures and Golden Energy. It will use the funding on research and development as well as mass production of its Extreme Fast Charging (XFC) battery cells by 2024. According to StoreDot, its research and development… Read more »
StoreDot releases samples of its “five-minute” EV battery
In 2015, Israeli battery developer StoreDot announced plans to enter the EV market with battery cells that it said could enable a 300-mile battery pack to be charged in 5 minutes. Now the company has launched engineering samples of its first-generation batteries that are designed to be manufactured at scale on traditional Li-lion production lines…. Read more »
BP invests $20 million in battery developer StoreDot
At least a couple of the oil giants see the handwriting on the garage wall, and are taking some baby steps toward the electric future. BP has installed over 70 EV charging stations at retail sites in several countries. It has also invested $5 million in FreeWire, a manufacturer of mobile EV charging systems, and… Read more »
StoreDot says its battery tech charges 10 times faster
Put this one in the “If it can do what they claim, it really will be revolutionary” category. Israeli battery developer StoreDot says its EV FlashBattery can charge a 300-mile battery in 5 minutes – almost 10 times faster than today’s state of the art. In 2014, StoreDot demonstrated the FlashBattery, which it says can… Read more »
Oil companies buying up EV charging networks: Shell acquires ubitricity
The European oil giants Total, BP and Shell have been buying up assets all along the EV charging value chain. The latest news is that Shell has agreed to buy 100% of the European charging network ubitricity. Founded in Berlin, ubitricity operates in a number of European countries, and claims to be the largest public… Read more »
BP sees big opportunities for EVs and has recently been investing in EV-related companies
The oil and gas giant’s EV investment rationale is outlined in its new report, BP Technology Outlook. Demand for travel is central to modern society. Currently, transport accounts for 20% of global primary energy use. The global light-duty fleet of cars, vans, and light trucks is here to stay for the foreseeable future. In fact,… Read more »