Polyester invests in battery-technology company Stordot, still aiming for five minutes

Polyester on Tuesday announced an investment in Israel-based battery company Stordot, claiming it would achieve extremely fast battery charging in tests.

Storddot aims to mass-produce EV batteries capable of adding a range of 160 kilometers — or less than 100 miles in just five minutes by 2024. By 2028, Stordot aims to recover the 100 mile range with three minutes of charging. , And aims to recover the same amount range by 2032, including two-minute charging.

The five-minute charging is something that Stordt first claimed in 2017 The company last year provided the first experimental example of its so-called “five-minute charge” lithium-ion cells.

Stordt sample battery

Stordt sample battery

Polyester has not disclosed the amount it is investing in Stordot, but the automaker is in good company. Other investors include Daimler, BP, WinFast, Samsung and the main brand of polyester Volvo.

According to the release, Storddot’s battery technology will be tested in a “proof-of-concept car”. Only if the test is successful will Polyester production consider using the technology in the car and only by 2026. Polyester could potentially tap into Stordot’s efficiency for silicone-based battery solutions. Silicon anodes offer potential gains in battery power.

Daimler has just announced that it plans to use silicon-anode technology in its upcoming Mercedes-Benz EQG electric SUV. An all-electric version of the Mercedes G-Class off-roader, EQG is slated to launch in 2024, but using Sila’s silicon-anode technology, the version will be an extended-range model that could come later. The cells will be built using 100% renewable energy in the state of Washington, Mercedes and Sila have claimed.

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