Isreal-based battery developer Storedot has signed a licensing agreement with Korean battery manufacturer Kumyang to use its XFC (extreme fast charging) technology in cylindrical cells. To date, the technology has only been deployed in pouch and prismatic cells.
Initial testing on 4680 format cells is said to have shown excellent results with durability over 1,000 charging cycles. The cells boast a volumetric energy density of over 800Wh/L.
“This license agreement is an important milestone for StoreDot that will make our XFC technology available in the cylindrical format, in addition to the pouch and prismatic formats currently available,” said Dr Doron Myersdorf, CEO of StoreDot.
“This license agreement with Kumyang is a pivotal step toward making XFC technology accessible to key EV OEMs awaiting our XFC technology in cylindrical format, ultimately enabling drivers to spend less time charging and more time on the road.”