StoreDot Opens California Based R&D Innovation Hub
StoreDot, an Israeli developer of extreme fast-charging (XFC) battery technology for electric vehicles (EV), has come to California. They opened an R&D innovation hub in the state with intentions of creating automotive battery technology aimed at eradicating range anxiety.
This innovation hub will work alongside the Israel-based R&D headquarters, increasing the manpower and time committed to developing technology. With this increased R&D effort, they are aiming to achieve mass production of their XFC automotive battery technology by 2024.
Other R&D teams in the hub will work on their next generation extreme energy density (XED) solid state capability and materials. Their aim for this technology is mass production by 2028.
Doron Myersdorf, StoreDot CEO, said: “This new US R&D innovation hub signals that our business is rapidly expanding, as we are scaling up our extreme fast charging technology. Establishing a facility in California will allow us to harness the world-class talent pool that’s available there, with many people and organisations at the forefront of next generation advancements. This will bolster the development of our world leading XFC technologies and onto XED solid-state batteries.”
“Our new US team will work in tandem with our rapidly expanding global network bringing new skills and ideas in order that we can execute our clear technology roadmap, enabling automotive manufacturers to develop vehicles that overcome range and charging anxiety.”
StoreDot said it was now in advanced discussions “with many of the world’s leading automotive manufacturers” and was already shipping samples for real world testing.
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