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StoreDot partners with Volvo Cars to develop cells for next-generation EVs

StoreDot, a developer of extreme fast charging (XFC) battery technology for electric vehicles (earlier post), signed a multi-year agreement with Volvo Cars to develop an optimized battery for next-generation Volvo cars. This collaboration, with experts from Volvo Cars and StoreDot working together, will lead to the development of XFC cells which will be optimized and tailored for Volvo’s future electric vehicle architectures.

It’s expected that the first samples will be delivered for testing next year.

Our teams are now working together at pace, developing B-sample cells for Volvo Cars’ next generation fully electric architectures. There is a huge amount of work to do, optimizing all aspects of the system to meet Volvo’s exacting requirements. But we are confident that we will be delivering our fast-charging technology for real world testing as early as next year with the goal to enable Volvo Cars customers to benefit from our game changing XFC battery which enables 100 miles of range in just five minutes.

—Dr Doron Myersdorf, StoreDot CEO

Volvo Cars is already a strategic investor in StoreDot, but this newly agreed collaboration takes our relationship a step further. We are delighted to be working together to develop advanced sample cells for our future EVs.

—Javier Varela Chief Operating Officer & Deputy CEO of Volvo

Recently StoreDot reported performance feedback for the evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. The testing programs took place earlier this year by 15 leading global automotive brand manufacturers from Europe, Asia, and the US, as well as several of StoreDot’s strategic ecosystem partners.


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