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August 26, 2021

StoreDot reveals patent to decrease EV charging time

StoreDot is offering its innovation to other organisations on an open-source basis.

By Simon Warburton

StoreDot has unveiled a patent for systems to decrease EV powering-up times, with a view to improving the rate of miles per minute of charging.

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StoreDot is making the technology available to other organisations to help expand current charging infrastructure and speed up global adoption of electric vehicles.

The pending technology incorporates hardware and software, which create a ‘booster’ feature, allowing the battery to analyse the capability of the charging station in real time and adjust the battery’s ability to carry high current rates.

This communication between a vehicle’s XFC battery and charging system means cells can be charged faster, safely accepting a higher current without overheating. It also has the ability to immediately boost existing infrastructure systems, enabling faster charging and optimising future fast-charge technologies without the need to upgrade to newer equipment in the near future.

“This is an important step for the EV global community as it will allow all of us to charge faster with very minimal changes to the current infrastructure and future deployment process,” said StoreDot CEO, Doron Myersdorf.

“That is why we believe it’s critical to offer this innovation to other organisations on an open-source basis.

“The global uptake and appeal of electric vehicles is crucial if we want to live in a cleaner, zero-emissions world and by sharing this approach, StoreDot aims to play a role in helping to achieve this objective. We want to work with and support the global community, including automotive manufacturers and infrastructure providers in their missions as well, especially when the industry is facing a number of charging infrastructure deployment challenges, not least the global semiconductor shortage.”

The company is in talks with global car makers and remains on track to deliver mass-produced XFC batteries, which it maintains deliver a 50% reduction in charging time at the same cost, by 2024.

StoreDot has a roadmap where it is working on next generation XED, extreme energy density solid state technologies, which will enter mass production in 2028.

https://www.store-dot.com/post/StoreDot -files-a-charging-time-patent-makes-technology-open-source-available-to-ev-ecosystem

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Spot leading innovative companies with GlobalData’s Innovation Scorecard

Innovation remains a necessity in a disruptive ecosystem, as continuous innovation allows companies to adapt, evolve, and grow through disruption. Using our in-house alternative datasets, we are excited to launch GlobalData’s Innovation Scorecard. This scorecard will allow clients to rank 3,500+ companies on their innovation activity, impact, and disruptive potential across geography, sector, and theme. The scorecard provides a data-driven framework to rank leading companies on the potential of their intellectual property (IP) portfolio. GlobalData’s Innovation Scorecard focuses not only on the activity of innovation in the organization but also on its impact and disruptive potential using the 3I framework: Intensity, Impact, and Ingenuity. The tool helps clients to identify the most innovative companies that are disruptive leaders and challengers and can create alpha for their portfolio using the insights driven by 19+ high-value KPIs. Download our report to find out more about this innovative tool. Key findings derived from this tool include:
  • Alphabet, Tencent, and Qualcomm are the top three innovative companies in the last 10 years
  • The scorecard finds Technology & Communications and Pharma & Healthcare as the two main sectors driving innovation
  • Loreal placed as ‘Disruptive Leader’ in the Consumer sector, while Revlon has been identified as a traditional laggard
  • Companies such as Etsy and H&M are challenging retail ‘Disruptive Leaders’ Amazon and Walmart
by GlobalData
Enter your details here to receive your free Report.

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