New location facilitates research
for battery material alternatives

(March 25, 2024) StoreDot, the pioneer and world leader in extreme fast charging (XFC) battery technology for electric vehicles, has announced the official opening of its new Advanced Technology Campus in Irvine. The 5,800 square foot state-of-the-art facility will serve as StoreDot's North American research and development hub, strengthening its presence in the region and bringing it closer to major automotive customers and manufacturing partners.

The campus’ location provides access to a pool of top technical and engineering talent from prestigious West Coast universities and innovative battery companies. Additionally, the North American robust electric vehicle and energy storage supply chain enables StoreDot to source alternative materials and suppliers for its XFC battery technology.

The official opening of this center represents another tangible step towards StoreDot’s XFC technology commercialization with the US team playing a vital role in supporting its R&D and its globalization focus.

Dr. David Lee, chief scientific officer and head of the Advanced Technology Campus said: "We are excited to officially open our Advanced Technology Campus in the heart of Southern California's technology corridor, representing another major step towards commercializing our game-changing XFC battery technology.

"This newly established facility allows us to tap into the incredible talent pool in the region while strengthening our ties with U.S. based automotive OEMs, suppliers and strategic partners. We are actively looking to grow our Irvine team to accelerate our breakthrough research in advanced battery materials and manufacturing processes for extreme fast charging of electric vehicles."

About StoreDot

StoreDot is the pioneer and world leader of extreme fast charging (XFC) electric vehicle batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by innovating and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, enabling the charging of an EV in under 10 minutes — similar experience to refueling a conventional combustion engine car.