Industry leaders: It will take at least 10 years for solid-state batteries to enter the market

StoreDot has had a lot of attention. The Israeli company is considered one of the leaders in solid-state battery technology. The company says it is currently testing batteries that can be fully charged in just 5 minutes. It has attracted investments from Volvo Cars and Daimler Trucks. So we were a little surprised to hear StoreDot say in a press release that solid-state batteries are still 10 years away from commercial production and that automakers should focus on other interim solutions in the meantime.

Solid-state batteries promise high energy density, low cost, fast and safe charging, the company said this week. However, their development is still a work in progress and still faces major challenges before they can be mass-produced. Solid-state batteries use solid electrolytes, rather than the liquid or polymer gel electrolytes used in current technologies such as lithium-ion or lithium-polymer batteries.

Dr. Doron Myersdorf, CEO of StoreDot, said: “It is vital that leading battery developers like StoreDot provide global automakers with a realistic roadmap for the introduction of extremely fast-charging battery technology. At the moment, despite some optimistic claims from our competitors, all solid-state batteries are still at least a decade away. They are certainly not a panacea for automakers currently developing fast-charging electric vehicle architectures.”

“ We believe a more practical step forward is the introduction of semi-solid-state batteries, which we aim to produce at scale by 2028. These will be advanced, safe, high-performance batteries that can charge for 100 miles in just three minutes. They will also have the added benefit of being a simpler and easier manufacturing process than all solid-state technologies.”

Dr. Doron Myersdorf, CEO of StoreDot

In March this year, StoreDot announced its "100inX" strategic technology roadmap, which includes three generations of StoreDot technology - silicon-dominated XFC, semi-solid-state and all-solid-state. These batteries are expected to add 100 miles (161 kilometers) of range in 5 minutes, 3 minutes and 2 minutes respectively. The first generation of batteries is expected to be put into production in 2024, the second generation in 2028, and the third generation in 2032.

Last month, StoreDot demonstrated the superior performance of its extremely fast charging battery technology by delivering batteries that have exceeded 1,000 cycles. These batteries are now being shipped to StoreDot's global automotive OEM partners for intensive real-world testing. It is expected that every 5 minutes of charging will allow drivers to add 100 miles of driving range.

The company has revolutionized traditional lithium-ion batteries by designing and synthesizing patented organic and inorganic compounds and optimizing them through artificial intelligence algorithms, making it possible to fully charge electric vehicles in just 10 minutes - almost as long as it takes to refuel a typical internal combustion engine car.

StoreDot, whose strategic investors and partners include Daimler, BP, VinFast, Volvo, Polestar, Ola Electric, Samsung, TDK and its manufacturing partner EVE Energy, said it aims to mass produce its 5-minute 100-mile (161-kilometer) technology by 2024.

According to previous reports by Global Energy Storage Network (es.china-nengyuan.com), Toyota continues to insist that it will bring solid-state battery cars to market by 2025. Most people are skeptical of these claims. In fact, many believe that if Toyota bets its future viability as an automaker on this expectation, it will be in danger. At the same time, silicon anode processes such as Group14 are also promising.

It may seem like high-power, fast-charging solid-state batteries are still a ways off, but there are plenty of breakthroughs happening that are reassuring EV advocates that better batteries are on the way. The world desperately needs electric cars that are affordable, safe, and efficient.

(Source: StoreDot Global Energy Storage Network, New Energy Network Comprehensive)