Polestar invests in a firm that aims to deliver an electric range of 100 miles in 5 minutes

Concerns about distance are largely a thing of the past, but long-distance travel by electric vehicle still requires long charging sessions.

Polestar understands this inconvenience, so they made a strategic investment in StoreDot’s “very fast charging pioneer.”

Although the latter company is not popular, Polestar said they are developing silicon-dominated batteries that allow them to charge very quickly. In particular, the company aims to have batteries capable of receiving distances of up to 100 miles (161 km) in five minutes by 2024.

Also read: Volvo is investing in a startup store for fast battery charging technology

Thanks to the investment, Polestar and StoreDot are exploring the “adaptation and application” of technology to Polestar vehicles. Although the work was initially focused on prototypes, Polestar CEO Thomas Ingenlat said, “If our current pilot projects with StoreDot are successful, we can see that these solutions will be implemented in Polestar cars by 2026.”

At this time, Polestar 2 owners can use a 155 kW DC fast charger to charge 80% in about 35 minutes. This is not a bad thing, but StoreDot batteries theoretically allow you to fully charge the model in less than 15 minutes.

Ingenlat said in a statement that “Polestar can help develop new battery technology for the automotive industry and provide invaluable insights into the brand in terms of performance and sustainability.” Dr. Doron Myersdorf, CEO of StoreDot, said: “Like us, Polestar is a very ambitious, innovative brand and is already playing a key role in the mass adoption of electric vehicles, which will help us move to clean, zero emissions. the world “.

StoreDot also noted that they do not work only with Polestar, as their other global strategic partners include Daimler, VinFast and Volvo, as well as BP, Ola Electric and Samsung.

RC Verma

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