Isaral-based firm StoreDot partnered with producer and supplier of automotive parts Flex|N|Gate Group on Wednesday, with an aim to develop and expand extreme fast charging battery (XFC) cells for electric vehicles.
The company said the partnership is also aimed at StorDot’s expansion in North American region by manufacturing and supplying robust, proven XFC cells to car makers in their desired formats.
This deal ensures StoreDot’s 100in5 battery cells to be produced at Flex|N|Gate Group’s “Flex-lon” lithium-ion cell pilot factory in Windsor, Ontario while working with local automotive original equipment manufacturer (OEMs) to produce cells with specific feature, said firm.
StoreDot is a producer of extreme fast charging (XFC) batteries for electric vehicle (EV), where it changed the conventional Li-ion battery by innovating and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, enabling to charge an EV in under 10 minutes.
Amir Tirosh, operating chief of StoreDot, “The collaboration allows us to serve the needs of local OEMs, building upon our recently established California R&D facility.”
Tirosh added, “Our 100in5 battery cells are already being tested by electric vehicle manufacturers; this strategic agreement gives us ability to scale up rapidly to mass production and flexibility to produce OEM li-ion battery cells at the scale and in the form factors required by this burgeoning industry.”
StoreDot has partnered with Swedish-based Volvo Cars, a month ago, with an objective to develop XFC cells for Volvo cars.
