StoreDot is the pioneer and world leader of extreme fast charging (XFC) electric vehicle batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. We have revolutionized the conventional Li-ion battery by innovating and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, enabling charging of an EV in
under 10 minutes – the same experience as refueling a conventional combustion engine car. Through our 100inX product roadmap, our battery technology is delivering ‘Range on Demand™’: 100 miles charged in 5 minutes in 2024, 100 miles in 4 minutes in 2026 and 100 miles in 3 minutes by 2028. StoreDot's strategic investors and partners include BP, Daimler, VinFast, Volvo Cars, Polestar, Ola Electric, Samsung, TDK and its manufacturing partner EVE Energy. Having our XFC battery cell performance verified by over a dozen global OEMs, we are on target for mass production readiness of our 100in5 technology in 2024.