Israel-based StoreDot has signed a strategic partnership agreement with United States-based Flex-N-Gate, a leading automotive component manufacturer.
As per the understanding, both companies will collaborate to sample and scale up the commercialisation of StoreDot’s extreme fast charging battery cells for electric vehicles. The samples of StoreDot’s 100in5 battery cells will be produced next year at Flex-N-Gate Group’s ‘Flex-lon’ lithium-ion cell pilot factory in Windsor, Ontario while working with local automotive OEMs to produce cells with specified performance and formats.
Amir Tirosh, COO, StoreDot said, “This is an exciting and significant agreement which further supports and enhances our path to OEM commercialisation. Working with Flex-N-Gate, a tier-1 manufacturer and leading mass-scale automotive component producer, opens vast new opportunities for StoreDot in the North American market, including the ability to localise its cell production. The collaboration allows us to serve the needs of local OEMs, building upon our recently established California R&D facility.”
Guido Benvenuto, VP – Global Sales, Flex-N-Gate said, “Producing extreme fast charging battery cells at giga-scale is a key competitive requirement in the electric vehicle industry. Applying our mass production manufacturing expertise to StoreDot’s cutting-edge technologies will create an ideal framework to establish world-class cell manufacturing facilities. Early next year, cells will be produced at Flex-Ion’s pilot plant in Windsor, Ontario, where we have established the capacity and flexibility to service the needs of the automotive industry.”
Recently StoreDot reported strong performance feedback for the evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. The comprehensive testing programs took place earlier this year by 15 leading global automotive brand manufacturers from Europe, Asia, and the US, as well as several of StoreDot’s strategic ecosystem partners, with many now moving onto B sample and cell integration programs.
