Volvo’s investment can provide a charge of over 350 kW

Israeli StoreDot’s fast charging technology must be groundbreaking. Volvo Cars Tech Fund has now invested in the company.

Volvo’s future electric cars will be charged much faster than today. To achieve that goal, the company’s venture capital company Volvo Cars Tech Fund has now invested in the Israeli company StoreDot.

It’s a special one battery development with a unique silicon-dominant anode technology which together with extra good software integration that will provide the very fast charging. The boastful figure that Volvo presents says that the technology should be able to charge at the equivalent range of 16 miles in five minutes.

Through its investment, Volvo now hopes to be able to put StoreDot’s fast charging technology into production by 2024.

– We aim to become the fastest innovator in our industry, and Tech Fund plays a crucial role in establishing partnerships with future technology leaders. Our investment in StoreDot fits perfectly into this mindset and their commitment to electrification and carbon-free mobility matches our own. We are pleased to make this a successful collaboration for both parties and work to bring this groundbreaking technology to market, says Alexander Petrofski, head of the Volvo Cars Tech Fund in a statement.

Charging power exceeds what most of today’s charging posts can handle. If we count the WLTP consumption of a front-wheel drive, basic-equipped Volvo C40 Recharge (18.3 kWh / 100 km), 160 km in 5 minutes would mean a charging power of just over 350 kW – the highest charging power you can get today from a charging post in Sweden .

With higher consumption, even higher power would be required. But we will first see this technology in brand new electric cars whose consumption figures can not be predicted but which are most likely lower than today.

The battery voltage is at least 800 volts which is what is required to be able to cream out a maximum of 350 kW from the CCS charging standard followed by the clear majority of chargers along the roads. But it is possible that the voltage will be even higher than that.

It is the joint venture that Volvo and Northvolt announced last year that the investment in StoreDot will come. Investments in that joint venture amount to SEK 30 billion.

Volvo says that man through the investment in StoreDot has secured access to all technology that is developed as part of the collaboration.

Full tank in five minutes otherwise it can be!

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Source: Senaste nytt från auto motor & sport by www.mestmotor.se.

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