Polestar has invested in Israel-based extreme fast charging specialist StoreDot to help unlock access to advanced battery technology. 

Polestar said StoreDot’s advanced battery technology could be implemented in its cars by 2026

StoreDot is pioneering the development of silicon-dominant extreme fast charging batteries for electric vehicles. The Israel-based company aims to produce batteries for EVs capable of charging up to 160km (100 miles) of range in just five minutes by 2024 – and Polestar has said the tech could be in its cars by 2026. 

“Polestar can help shape the development of new battery technology for the automotive industry and provide invaluable insights from the perspective of a brand focused on performance and sustainability,” said Polestar CEO, Thomas Ingenlath. 

Polestar is already working with StoreDot to explore adapting and applying their technology to proof-of-concept Polestar cars. This includes customising StoreDot’s cell technology for Polestar cars, to enable faster charging and improved circularity. 

“Charging and range anxiety are common concerns holding owners of combustion engine cars back from making the switch to EVs. StoreDot’s advanced battery technology potentially provides real solutions to these obstacles. If our current pilot projects with StoreDot are successful, we could see these solutions being implemented in Polestar cars by 2026,” continued Ingenlath. 

It’s Polestar’s first financial investment in another company and supports its strategy of working with broader innovative industry partners to drive advancements in electric mobility. 

StoreDot CEO, Dr Doron Myersdorf said the tie-up could have huge potential to eradicate charging and range anxieties for future Polestar owners. 

“Like us, Polestar is an extremely ambitious, innovative brand and is already proving to be pivotal in the mass adoption of electric vehicles, helping us move to a cleaner, zero-emissions world,” he outlined.