GROUP14 TECHNOLOGY

November 30, 2021

StoreDot and Group14 Technologies Partner to Enhance Extreme Fast Charging

StoreDot and Group14 Technologies Partner to Enhance Extreme Fast Charging

StoreDot and Group14 Technologies' - Strategic partnership can enable faster time to market of StoreDot's XFC cells and reduce battery costs

WOODINVILLE, Wash. and HERZELIYA, Israel, Nov. 18, 2021 -- Group14 Technologies, a global manufacturer of the active material used in advanced silicon-carbon anodes, and StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles, today announced a strategic partnership to leverage Group14's proprietary lithium-silicon technology to accelerate time to market of StoreDot's XFC lithium-silicon cells for electric vehicles. The current performance milestone demonstrates an energy density of 300Wh/Kg with over 700 cycles capable of being charged 0%-80% in 10 minutes.

StoreDot, a pioneer of XFC technology, whose investors include BP, Daimler AG, TDK and Samsung, has revolutionized the conventional lithium-ion battery by designing a battery cell based on a silicon-dominant anode with its proprietary synthesized compounds. The XFC technology overcomes the major barrier that currently prevents consumers from adopting electric vehicles - range and charging anxiety.

"We are extremely excited by the prospects of this partnership with Group14. This partnership will give StoreDot the potential to accelerate the time to market of our XFC cells and reduce battery cost which can eventually be passed onto customers," said Dr. Doron Myersdorf, StoreDot CEO and co-founder. "It supports our mission of making it easier for consumers to adopt zero-emissions electric vehicles, contributing to a cleaner net-zero world."

Silicon has been pursued extensively as the promising battery chemistry that enables greater energy density. The commercial leader in lithium-silicon battery materials, Group14's proprietary technology complements StoreDot's XFC technology in EV batteries as a solution to overcome known range and charging anxiety.

Group14 counts SK materials, ATL, BASF, Showa Denko and Cabot Corporation as partners in its mission to deliver on the electrification of everything from consumer electronics to EVs and more. With commercial-scale Battery Active Materials factories in the U.S. and South Korea – the latter as part of its joint venture with SK materials – Group14 is poised to deliver quantities of its mass-market product SCC55™ required to meet the demand from the automotive industry.

"As we scale new technologies to meet growing demand in the EV sector, one factor we cannot overlook is the importance of lowering the barrier to entry to EV ownership," said Rick Luebbe, CEO and co-founder of Group14 Technologies. "We see the partnership with StoreDot as a union of the best of both worlds: high energy density and extreme fast charging, both critical elements of the electrification equation that consumers are demanding. With a solution that addresses both of these concerns, we now can forge a pathway to the electrification of everything."

About Group14 Technologies

Founded in 2015 to enable the coming electrification of everything, Group14's battery materials breakthrough brings new levels of energy performance to lithium-ion-powered devices and vehicles. Recognized by the Department of Energy for its novel, drop-in ready nanomaterials and reliable industrial-scale process, Group14 serves the global transition to an all-electric future with performance for any use case. Company investors include Amperex Technology Limited (ATL), BASF, Cabot Corporation, Showa Denko and SK materials.

About StoreDot

StoreDot is a pioneer and leader of extreme fast charging (XFC) batteries that overcome the critical barrier to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by designing and synthesizing proprietary organic and inorganic compounds, making it possible to fully charge an EV in just five minutes – the same time it takes to refuel a conventional combustion engine vehicle. StoreDot's battery technology is optimized for best driver experience with XFC in Li-ion batteries, as well as future technologies for extreme energy-density (XED). StoreDot's strategic investors include BP, Daimler, Samsung Ventures and TDK.

StoreDot and Group14 Technologies' - Strategic partnership can enable faster time to market of StoreDot's XFC cells and reduce battery costs

WOODINVILLE, Wash. and HERZELIYA, Israel, Nov. 18, 2021 -- Group14 Technologies, a global manufacturer of the active material used in advanced silicon-carbon anodes, and StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles, today announced a strategic partnership to leverage Group14's proprietary lithium-silicon technology to accelerate time to market of StoreDot's XFC lithium-silicon cells for electric vehicles. The current performance milestone demonstrates an energy density of 300Wh/Kg with over 700 cycles capable of being charged 0%-80% in 10 minutes.

StoreDot, a pioneer of XFC technology, whose investors include BP, Daimler AG, TDK and Samsung, has revolutionized the conventional lithium-ion battery by designing a battery cell based on a silicon-dominant anode with its proprietary synthesized compounds. The XFC technology overcomes the major barrier that currently prevents consumers from adopting electric vehicles - range and charging anxiety.

"We are extremely excited by the prospects of this partnership with Group14. This partnership will give StoreDot the potential to accelerate the time to market of our XFC cells and reduce battery cost which can eventually be passed onto customers," said Dr. Doron Myersdorf, StoreDot CEO and co-founder. "It supports our mission of making it easier for consumers to adopt zero-emissions electric vehicles, contributing to a cleaner net-zero world."

Silicon has been pursued extensively as the promising battery chemistry that enables greater energy density. The commercial leader in lithium-silicon battery materials, Group14's proprietary technology complements StoreDot's XFC technology in EV batteries as a solution to overcome known range and charging anxiety.

Group14 counts SK materials, ATL, BASF, Showa Denko and Cabot Corporation as partners in its mission to deliver on the electrification of everything from consumer electronics to EVs and more. With commercial-scale Battery Active Materials factories in the U.S. and South Korea – the latter as part of its joint venture with SK materials – Group14 is poised to deliver quantities of its mass-market product SCC55™ required to meet the demand from the automotive industry.

"As we scale new technologies to meet growing demand in the EV sector, one factor we cannot overlook is the importance of lowering the barrier to entry to EV ownership," said Rick Luebbe, CEO and co-founder of Group14 Technologies. "We see the partnership with StoreDot as a union of the best of both worlds: high energy density and extreme fast charging, both critical elements of the electrification equation that consumers are demanding. With a solution that addresses both of these concerns, we now can forge a pathway to the electrification of everything."

About Group14 Technologies

Founded in 2015 to enable the coming electrification of everything, Group14's battery materials breakthrough brings new levels of energy performance to lithium-ion-powered devices and vehicles. Recognized by the Department of Energy for its novel, drop-in ready nanomaterials and reliable industrial-scale process, Group14 serves the global transition to an all-electric future with performance for any use case. Company investors include Amperex Technology Limited (ATL), BASF, Cabot Corporation, Showa Denko and SK materials.

About StoreDot

StoreDot is a pioneer and leader of extreme fast charging (XFC) batteries that overcome the critical barrier to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by designing and synthesizing proprietary organic and inorganic compounds, making it possible to fully charge an EV in just five minutes – the same time it takes to refuel a conventional combustion engine vehicle. StoreDot's battery technology is optimized for best driver experience with XFC in Li-ion batteries, as well as future technologies for extreme energy-density (XED). StoreDot's strategic investors include BP, Daimler, Samsung Ventures and TDK.

Related Posts

October 07, 2021

Farasis Energy Reports 25% Energy Boost for EV Batteries with SCC55

Farasis Energy, one of the world‘s leading manufacturers of lithium-ion pouch batteries, announced today a significant performance milestone for EV batteries featuring lithium-silicon technology developed by Group14 Technologies, a global manufacturer of advanced silicon-carbon anodes.

Farasis Energy, one of the world‘s leading manufacturers of lithium-ion pouch batteries, announced today a significant performance milestone for EV batteries featuring lithium-silicon technology developed by Group14 Technologies, a global manufacturer of advanced silicon-carbon anodes.

August 24, 2021

Group14 and InoBat Partner to Deliver Customizable Lithium-Silicon Batteries to Auto OEMs

The companies announced a partnership to custom manufacture high energy density batteries for automotive applications. Auto OEMs are turning to drop-in-ready technologies such as high capacity silicon anode materials to deliver on zero-emission electric vehicles.

The companies announced a partnership to custom manufacture high energy density batteries for automotive applications. Auto OEMs are turning to drop-in-ready technologies such as high capacity silicon anode materials to deliver on zero-emission electric vehicles.

July 19, 2021

Group14 & SK Materials Reveal JV to Advance Dual Sourcing for Lithium-Silicon Battery Materials

The new joint venture positions Group14 to meet global customer demand with a major battery hub in South Korea. This is the latest development for Group14 to secure dual sourcing for its patented lithium-silicon technology, mitigating global supply chain disruptions.

The new joint venture positions Group14 to meet global customer demand with a major battery hub in South Korea. This is the latest development for Group14 to secure dual sourcing for its patented lithium-silicon technology, mitigating global supply chain disruptions.

GROUP14 TECHNOLOGIES

8502 Maltby Rd
Woodinville, WA 98072

Get Group14 updates in your inbox.

Sales, Investors and Press inquiries for Group14 Technologies?

Contact Form

Copyright © 2022 Group14 Technologies, Inc.