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For nearly 10 years the unicorn StoreDot promised a breakthrough – a battery that charges in a few minutes. With no product on the market, their story proves a lesson for Israeli tech
The round is led by Vietnamese electric vehicle manufacturer VinFast, which plans to scale up manufacturing and deploy StoreDot's battery technology in its electric vehicles.
Israeli co StoreDot unveils 5-minute recharge battery The batteries can recharge scooters and drones and the Herzliya based company is aiming to revolutionize the electric car sector. Israeli extreme fast charging (XFC) battery technology developer StoreDot has announced the availability of its first-generation 5-minute charge battery engineering samples. These samples demonstrate the commercial viability of XFC batteries for the first time via a small form-factor battery cell, representing a major milestone in the Herzliya-based company's declared aim of eliminating the range and charging an...