Has invested in a polyester firm that aims to deliver a 100 mile EV range in 5 minutes

Range concerns are a thing of the past, but long-distance recharging sessions are still required for long-distance travel in electric vehicles.

Polyester realizes that this is a problem, so they have made a strategic investment in Stordot, an “extremely fast charging pioneer.”

Although the latter company is not a family name, Polyester says they are developing silicone-powered batteries that allow for extremely fast charging. Specifically, the company aims to have batteries capable of reaching a range of 100 miles (161 km) in five minutes by 2024.

Also read: Volvo has invested in startup Stordt for superfast charging battery technology

Thanks to the investment, Polyester and Stordot will explore the technology “adapted and applied” to polyester vehicles. Although this work will primarily focus on prototypes, Polyester CEO Thomas Ingenlath said, “If our current pilot projects, including Stordot, are successful, we could see these solutions implemented in Polyester cars by 2026.”

Meanwhile, Polestar 2 owners can use a 155 kW DC fast charger to get 80% charge in about 35 minutes. Not too bad, but Stordt’s batteries could theoretically allow the model to fully recharge in less than 15 minutes.

In a statement, Ingenlath said, “Polyester can help develop new battery technology for the automotive industry and provide invaluable insights from a brand’s perspective focused on performance and durability.” Stordot CEO Dron Myersdorf echoed his sentiments, saying, “Like us, Polyester is a very ambitious, innovative brand and is already playing a key role in the widespread adoption of electric vehicles, helping us move to a cleaner, zero-emissions.” The world. “

Stordot also noted that they are not working exclusively with Polyester because their other global strategic partners include Daimler, WinFast and Volvo, as well as BP, Ola Electric and Samsung.

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