StoreDot enters partnership with Flex|N|Gate to produce extreme fast charging battery cells

Extreme fast charging battery specialist StoreDot has signed a strategic partnership agreement with Flex|N|Gate that will see the companies scale up the commercialisation of StoreDot’s XFM batteries for electric vehicles.

Flex|N|Gate

Samples of StoreDot’s 100in5 battery cells, designed to deliver 100 miles of range with five minutes of charging, will be produced in 2024 at Flex|N|Gate Group’s Flex-lon lithium-ion cell pilot factory in Windsor, Ontario while working with local automotive OEMs to produce cells with specified performance and formats.

In a statement, Guido Benvenuto, Flex|N|Gate vice president of global sales, said: “Producing extreme fast charging [XFM] battery cells at giga-scale is a key competitive requirement in the electric vehicle industry. Applying our mass production manufacturing expertise to StoreDot’s… technologies will create an ideal framework to establish world-class cell manufacturing facilities.”

StoreDot is growing a global network of strategic partnerships with investors, OEMs, and manufacturing partners including Daimler, Ola Electric, Polestar, VinFast, and Volvo Cars.

Amir Tirosh, StoreDot COO, said: “Working with Flex|N|Gate, a tier one manufacturer and global leader in mass-scale automotive component production, opens vast new opportunities for StoreDot in the North American market, including the ability to localise its cell production. The collaboration allows us to serve the needs of local OEMs, building upon our recently established California R&D facility.

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