Charging the battery of an electric vehicle might be getting a whole lot faster soon.
What’s happening:
- Israel based battery startup StoreDot has partnered with electric vehicle company Polestar (NASDAQ: PSNY) to develop a rapidly charging battery
- StoreDot calls the new battery technology ‘100in5’, meaning it can charge an electric vehicle for 100 miles of range in just 5 minutes
How it works:
- StoreDot’s technology replaces the graphite in lithium batteries with silicon to increase the speed in which they are capable of charging
- Silicon is proving to provide much more energy density when compared to graphite and unlocks faster charging times
Going deeper:
- Using silicon instead of graphite for electric vehicle batteries is something being pursued by other automakers including GM, Porsche and Mercedes Benz
By the numbers:
- StoreDot has successfully conducted over 1,000 tests of their battery technology without any degradation
- Polestar vehicles currently charge in the range of 200-250kW but StoreDot’s technological breakthrough could unlock charging of 350kW
The fine print:
- Polestar has not yet debuted this new battery technology yet and has only publicly stated they will launch a prototype sometime next year
