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Reading: Volvo taps StoreDot for high-speed battery tech
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EV-a2z > News > Volvo taps StoreDot for high-speed battery tech
News

Volvo taps StoreDot for high-speed battery tech

EV-a2zm
Last updated: 2023/09/29 at 7:50 PM
EV-a2zm Published September 29, 2023 4 Min Read
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Volvo car dealership, many cars parked outside showroom with Volvo logo above. Swedish vehicle manufacturer
Volvo car dealership, many cars parked outside showroom with Volvo logo above. Swedish vehicle manufacturer
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Swedish automaker Volvo partnered with battery tech giant StoreDot for a joint development of XFC cell B-samples for the latter’s next-gen electric vehicle models.

Contents
Partnership detailsAbout StoreDot’s XFC cells

According to StoreDot’s press release, it inked a landmark multi-year agreement with Volvo Cars on September 28 to develop a customized ultrafast EV battery tech.

In hindsight, StoreDot previously disclosed the performance results of its XFC cell A-samples evaluation and integration tests for electric vehicle batteries.

We are delighted to announce our landmark multi-year agreement with @volvocars to develop an optimized battery for Volvo's next generation platforms!

Read more here > https://t.co/rgyk1UwJSz

(1/3)@Donush #EV #EVs #extremefastcharging #XFC #partners #partnership #volvo pic.twitter.com/83cYp2J4mB

— StoreDot Ltd. (@StoreDotLtd) September 28, 2023

Partnership details

Teams from both parties will collaborate on XFC (extreme fast charging) cell development specifically tailored for Volvo Cars’ next-gen EV platforms.

Extreme fast-charging EV battery company Storedot to develop XFC cells for future Volvo EVs; first results of new collaboration set to be delivered next year; Storedot’s ‘100in5’ cells deliver 100 miles / 160km of range in just 5 minutes of charging https://t.co/A1onxnKjr2 pic.twitter.com/KDwRHjkBPQ

— Autocar Professional (@autocarpro) September 29, 2023

StoreDot estimates that the partnership can deliver the initial samples for testing as early as 2024.

“This is a highly significant agreement for both StoreDot and Volvo Cars. Our teams are now working together at pace, developing B-sample cells for Volvo Cars’ next generation fully electric architectures. There is a huge amount of work to do, optimizing all aspects of the system to meet Volvo’s exacting requirements. But we are confident that we will be delivering our fast-charging technology for real world testing as early as next year with the goal to enable Volvo Cars’ customers to benefit from our game changing XFC battery which enables 100 miles of range in just five minutes.”

StoreDot CEO Dr. Doron Myersdorf

It must be noted that the partnership only entails the production of the XFC cell’s samples for real-world testing. Therefore, the initial units are not yet for production.

“Volvo Cars is already a strategic investor in StoreDot, but this newly agreed collaboration takes our relationship a step further. We are delighted to be working together to develop advanced sample cells for our future EVs. There is a lot of work to be done but the opportunities to develop exciting new charging technologies together are huge. We can’t wait to see the fruits of our work being tested in the real world.”

Javier Varela, Volvo Chief Operating Officer & Deputy CEO

Apart from Volvo, StoreDot also has strategic partnerships with industry players Polestar, Daimler, Samsung, VinFast, and TDK, Electrek noted.

About StoreDot’s XFC cells

StoreDot claims that this battery tech can charge an EV battery in just below 10 minutes, matching the refueling capability of conventional internal combustion engine-powered models.

The XFC cells can enable fast-charging capabilities of up to a 100-mile range in just five minutes to satisfy Volvo Cars’ owners by 2024. 

The company further aims to lower the battery tech’s charging time to 3 minutes in 2028 and 2 minutes by 2032.

It can potentially aid StoreDot’s goal of addressing common barriers to the wider adoption of clean energy vehicles, such as driving range and charging issues.

Extreme fast charging battery technology is as important as infrastructure roll-out to achieve mass adoption of electric vehicles >> https://t.co/ae0w8mk5O8#EV #EVs #evbattery #fastcharging #evcharging #emobility #mobility #automotive #zeroemissions #evadoption @donush pic.twitter.com/71evbQO5QU

— StoreDot Ltd. (@StoreDotLtd) September 19, 2023

See Also:

  • Tesla Explores StoreDot’s Extreme Fast Charging Batteries: A Step Towards Faster EV Charging
  • Over 15 international automotive brands currently testing StoreDot’s fast-charging high-energy battery
  • StoreDot’s EV battery achieves 1,000 extreme fast charging cycles
  • StoreDot’s EV battery achieved 1,000 extreme fast charging cycles
  • StoreDot ships its “100in5” EV battery samples to EV makers

Apart from the recent partnership with Volvo Cars, StoreDot is also set to launch its research center in Irvine, California. It will mark the company’s first-ever facility in the United States. It expects the new R&D center to accelerate its semi-solid battery tech innovations and battery material development.

StoreDot aims to mass produce the XFC battery cells by 2025.

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TAGGED: Battery, Electric Vehicle, EV, StoreDot, Volvo
EV-a2zm September 29, 2023 September 29, 2023
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