Automakers in the US are preparing for new EV batteries that replace graphite with silicon as China restricts graphite exports. Israeli startup StoreDot is attracting investments from major companies for its ultra-fast charging silicon EV batteries.
Automakers in the US were among those getting the jitters last year when China announced new export curbs on graphite, the main ingredient in EV batteries. With China being the main suppler of graphite, that is a problem. Not for much longer, though. Automotive stakeholders have been prepping for new EV batteries that replace graphite with silicon, and the synthetic graphite industry is also springing into action.
One good example of the fast-paced developments in the silicon EV battery field is the Israeli startup StoreDot. The company nailed a $20 million investment from BP in 2018. Daimler, VinFast, Volvo Cars, Polestar, Ola Electric, Samsung, and TDK are among others attracted by StoreDot’s plan for ultra-fast charging silicon EV batteries. The shift to silicon is more than a supply chain fix. As illustrated by StoreDot’s technology, silicon EV batteries can deliver improved performance and faster charging than conventional graphite batteries. StoreDot’s near-term goal is a 100-mile charge in five minute
Automakers US China Graphite EV Batteries Silicon Storedot Investment Ultra-Fast Charging Performance
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