The new lab facility will be used to speed up StoreDot's development of semi-solid battery technology and battery material research. Its location was chosen to access the wealth of talent in the West Coast of the US and to strengthen the company's relationship with US-headquartered electric vehicle manufacturers.
The US team is headed by StoreDot's global chief science officer David Lee with ambitious plans to rapidly expand the company's US-based R&D expertise. Lee and his team will work in tandem with StoreDot's Israel-based R&D headquarters, enabling it to scale up globally and remain firmly on track for its 100inX strategic technology roadmap. Announced last year, the roadmap will see the delivery of mass-produced battery cells capable of 100 miles of range in five minutes of charge by 2024, 100 miles in three minutes by 2028 and 100 miles in two minutes by 2032.
"With the growing activity of testing programs around the globe, the opening of our new US R&D innovation hub is further evidence of our rapid expansion,” said Lee. “Now that we have an operational US base, we are looking to harness the world-class talent pool here to bolster the development of our leading XFC technology and its future generations."
StoreDot has a growing network of strategic global partnerships and investors, spanning the entire battery ecosystem. To date it has received investments from global automotive manufacturers including Daimler, Ola Electric, Polestar, VinFast and Volvo Cars.
