Polestar and fast-charging battery pioneer StoreDot have
successfully demonstrated the implementation of StoreDot’s Extreme
Fast Charging (XFC) technology in a car for the first time,
charging a Polestar 5 prototype from 10-80% in just 10 minutes. The
fully driveable verification prototype saw a consistent charge rate
starting at 310 kW and rising to a peak in excess of 370 kW at the
end of charging.
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the full release here:
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Polestar and StoreDot successfully charge
Polestar 5 prototype from 10-80% in 10 minutes (Photo: Business
Wire)
This world-first demonstration of a 10 minute 10-80% extreme
fast charge using silicon-dominant cells in a driveable vehicle –
rather than individual cells in a laboratory environment – is the
continuation of Polestar’s commitment to developing the best
driving experience for the future through innovative technology
partnerships. The specially commissioned 77 kWh battery pack –
which has the potential to be increased to at least 100 kWh, could
add 200 miles (320 km) of range to a mid-sized electric car in 10
minutes.
This XFC test by Polestar and StoreDot battery engineers was
designed to demonstrate proof-of-concept for XFC battery technology
that could be applied to future Polestar vehicles.
Thomas Ingenlath, Polestar CEO, says: “Time is one of life’s
greatest luxuries, and as a manufacturer of luxury electric
performance cars, we need to take the next step to address one of
the biggest barriers to EV ownership – charging anxiety. With this
new technology, on longer journeys when drivers do stop they’ll be
able to spend less time charging and be back on the road faster
than before. In fact, that stop time will be more akin to what they
experience with a petrol car today.”
StoreDot’s revolutionary XFC technology utilises
silicon-dominant cells with an energy density on par with
state-of-the-art NMC cells, and does not require specialist cooling
systems in the vehicle. The experimental XFC battery’s modules have
a structural function which improves mechanical properties and
cooling ability while maintaining or reducing weight levels, with
high recyclability and serviceability also paramount in the design
of the pack.
In today's commercial EV batteries, fast charging rates can vary
greatly depending on the battery’s state of charge (SOC), sometimes
dropping significantly as SOC increases. During this test, Polestar
saw charging speed rise from 310 kW at 10% SOC to over 370 kW at
80% SOC, proving the technology’s steady charging rate with no
significant change in charging speed or efficiency whenever a
driver decides to stop within this wide state-of-charge range.
Importantly, the test proves XFC technology works with today’s
DC charging infrastructure, which continues to feature more
high-power DC chargers of 350 kW or higher.
This means drivers will be able to spend less time stopped to
charge their vehicle, which for a 10-80% charge on many modern EVs
could still take around 30 minutes. By reducing that time to 10
minutes, the charging time for a vehicle with XFC technology is
much closer to what you would experience when filling a car with
petrol. And thanks to the consistent charge speeds on offer, with a
suitable charger, consumers could stop for five minutes at 50% SOC
and continue their journey with over 80% SOC.
Dr. Doron Myersdorf, CEO of StoreDot, comments: "We are very
excited to share this impressive achievement today and proud to be
on this journey with Polestar. Polestar’s commitment acknowledges
that extreme fast charging technology is necessary to make
widespread electric car adoption a reality. This breakthrough
revolutionises ownership by eradicating the barrier of range and
charging anxiety once and for all as drivers will be able to travel
long distances with the same freedom and convenience as traditional
fossil fuel-powered vehicles."
A film showing the testing procedure can be found here:
https://www.polestar.com/global/news/how-we-charged-a-polestar-in-10-minutes/
Ends.
About StoreDot
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. The company has revolutionized the conventional Li-ion
battery by innovating and synthesizing proprietary organic and
inorganic compounds, optimized by Artificial Intelligence
algorithms, enabling the charging of an EV in under 10 minutes –
similar experience to refueling a conventional combustion engine
car.
Through its '100inX' product roadmap, StoreDot's battery
technology is delivering ‘Range on Demand™’: 100 miles charged in 5
minutes in 2024, 100 miles charged in 4 minutes in 2026, and 100
miles charged 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.
StoreDot’s media kit can be found at this link.
About Polestar
Polestar (Nasdaq: PSNY) is the Swedish electric performance car
brand determined to improve society by using design and technology
to accelerate the shift to sustainable mobility. Headquartered in
Gothenburg, Sweden, its cars are available online in 27 markets
globally across North America, Europe and Asia Pacific.
Polestar plans to have a line-up of five performance EVs by
2026. Polestar 2, the electric performance fastback, launched in
2019. Polestar 3, the SUV for the electric age, launched in late
2022. Polestar 4, the SUV coupé transformed, is launching in phases
through 2023 and into 2024. Polestar 5, an electric four-door GT
and Polestar 6, an electric roadster, are coming soon.
The Polestar 0 project supports the company’s ambitious goal of
creating a truly climate-neutral production car by 2030. The
research initiative also aims to create a sense of urgency to act
on the climate crisis, by challenging employees, suppliers and the
wider automotive industry, to drive towards zero.
Forward-Looking Statements
This press release contains statements that are not historical
facts, but rather forward-looking statements within the meaning of
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include those that address activities,
events or developments that Polestar or its management believes or
anticipates may occur in the future. All forward-looking statements
are based upon, as applicable, our current expectations, various
assumptions and data available from third parties. Our expectations
and assumptions are expressed in good faith and we believe there is
a reasonable basis for them. However, there can be no assurance
that such forward-looking statements will materialize or prove to
be correct as forward-looking statements are inherently subject to
known and unknown risks, uncertainties and other factors which may
cause actual future results, performance or achievements to differ
materially from the future results, performance or achievements
expressed in or implied by such forward-looking statements.
Numerous risks, uncertainties and other factors may cause actual
results to differ materially from those set out in the
forward-looking statements, including those risks and uncertainties
set forth in the sections entitled “Risk Factors” and “Cautionary
Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F,
and other documents filed, or to be filed, with the U.S. Securities
and Exchange Commission by Polestar. For any forward-looking
statements contained in this or any other document, we claim the
protection of the safe harbor for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995,
and we assume no obligation to update publicly or revise any such
statements in light of new information or future events, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240429036717/en/
Graeme Lambert graeme.lambert@polestar.com Head of Design &
Innovation PR
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