StoreDot raises $60 million from Daimler, others for electric car batteries that charge in 5 minutes

StoreDot, an Israel-based startup that makes super-fast charging batteries built upon bio-organic technology, has raised $ 60 million in a round of funding led by Daimler’s trucking division, with participation from Samsung Ventures, Norma Investments, and a number of “financial institutions” from Israel and China. Founded out of Tel Aviv in 2012, StoreDot currently operates across […]

StoreDot demos EV battery that reaches a full charge in 5 minutes

StoreDot, an Israeli startup known for making fast-charging batteries, announced its model for EVs in 2015. The company claims that its EV battery can reach a full charge within only fiveminutes and can keep the car running for 300 miles. Now, to prove that its technology works, StoreDot has demonstrated its product’s charging capability on […]