StoreDot and Polestar to develop world’s first EV with extreme fast charging
StoreDot is collaborating with Polestar on a new project exploring how its extreme fast charging (XFC) battery technology can be applied to an existing vehicle platform to provide “game-changing charging speeds”.
The two companies are now already in advanced collaboration and are working to demonstrate StoreDot’s production ready XFC technology at full scale in a Polestar 5 prototype vehicle in 2024. The detailed collaboration includes key integrations such as the engineering design and cooling.
The announcement, made at the Polestar Day in California, follows Polestar’s investment in StoreDot and is part of the two firms’ ongoing strategic partnership.
Dr Doron Myersdorf, CEO of StoreDot: “This is a huge step for StoreDot and a strong endorsement that our ground-breaking technology is readying for mass production. We are extremely pleased and proud that Polestar aims to be the first automotive company to showcase our extreme fast charging battery cells in a full-scale, driveable prototype. Polestar is already a strategic investor in our business, but this really cements and builds on our collaboration. We still have lots of work to do to fully integrate our systems into a production car, but our teams are already fully engaged, and we will be demonstrating those results in the coming months.”
Thomas Ingenlath, CEO of Polestar, added: “StoreDot was our first financial investment in another company, and we have been collaborating with them to apply their advanced technology in proof-of-concept Polestar cars. StoreDot’s pioneering extreme fast charging batteries, combined with our upcoming top-of-the-line electric powertrain, can revolutionise the ownership experience for EV owners with the ability to recharge in minutes.”