StoreDot, the pioneer of extreme fast charging battery technology for electric vehicles, is encouraging global electric vehicle (EV) manufacturers to adopt more of a start-up mindset in order to bring transformational charging technologies onto the market quicker.
StoreDot is now on track for mass production readiness of its 100in5 silicon-dominant extreme fast charging batteries next year, delivering a range of 100 miles (160km) in just five minutes of charge.
StoreDot’s XFC battery solution solves the key ‘charging anxiety’ barrier to EV mass adoption. The company’s CEO, however, is urging some automotive manufacturers to re-evaluate their traditional technology introduction timelines in order to accelerate the adoption of these game-changing batteries into new vehicles, benefitting customers while enabling a swifter uptake of EVs.
Traditionally, global car companies are locked into sequential prototyping and testing processes with timescales that fit the familiar long cycles of internal combustion engine (ICE) vehicle development. However, leading car companies can embrace new practices and use a swifter development mode enabling the introduction of the latest technologies to market faster through collaborations with startups and scaleup-ready businesses such as StoreDot.
Dr Doron Myersdorf, StoreDot CEO, said: “We are working with many global OEMs and it’s clear that some are already changing their mindset to adopt advanced battery technologies faster. But not every OEM behaves like this and I believe the entire EV industry will benefit from accelerating its processes and timelines if we are going to collectively undertake the seismic shift to electrification that the world needs.
“With a typical five-year cycle to implement any new battery technology, we are encouraging global automotive manufacturers following traditional processes to adjust their methods and mindset to more agile business practices when evaluating and implementing innovative technologies.
“Testing of new technologies such as StoreDot’s Extreme Fast Charge – XFC – cells can be a strict, sequential, and laborious process that assumes a certain level of technology maturity. The upshot is that our game-changing batteries might not get into the hands of car buyers in a timely fashion.
“As charging anxiety is one of the main barriers to EV adoption, such conservative processes can have consequences for the entire battery and vehicle ecosystem and its ability to vastly and quickly improve the world in which we live.
“Of course, car makers must not ignore crucial elements such as safety and reliability testing, which are a given. But in my experience, some OEMs are still rigidly sticking to testing regimes that hinder the ability to take advantage of battery breakthroughs. Some parts of the automotive industry are currently being held back and will continue to be so unless we all adopt the agility of start-up concurrent engineering practices.”
Myersdorf is absolutely correct here. Demand for electric vehicles is developing at a rapid rate and it is clear that many OEMs need to change their traditional approaches to development to keep up with this. Agility will be key.
Some OEMs have been late to the EV table and are only just developing their electric vehicles. Others, which have developed electric cars, can’t keep up with the demand. This has resulted in long waiting times for deliveries which may put off some potential electric vehicle drivers.
Something needs to change, especially with the ban on sales of ICE vehicles coming in 2030 in the UK and 2035 in Europe. Collaborations and partnerships, which some are already adopting, will be vital to hit these targets and keep the momentum building.
StoreDot’s ‘100inX’ strategic technology roadmap remains on track and with better OEM process alignment it can reach the market faster. XFC technology features 100in5, 100in3 and 100in2 of miles per minute of charging – three generations of StoreDot technologies of silicon-dominant anode, semi-solid-state and post-lithium.
The roadmap confirms that the timings for these to enter mass production and adoption will be delivered over the coming decade with 100in5 to be commercially ready as soon as next year, 100in3 by 2028 and 100in2 by 2032. StoreDot’s XFC battery cells are currently being evaluated by 15 global automotive manufacturers.