Page header cover

StoreDot Opens Research Hub in California

An Israeli battery developer for electric vehicles StoreDot has announced the launch of a new R&D hub (research and development center). It will be located in the American capital of innovation, San Francisco.

Investment opportunity with Raison Asset Management — StoreDot

According to the CEO of the company Doron Myersdorf, the opening of a hub in Silicon Valley will allow the company to attract the world’s best specialists workforce.

In addition, with a US presence, StoreDot will be able to better negotiate with the local automakers and potential local partners.

Myersdorf also said that StoreDot is considering a joint venture with a US company.

As before, StoreDot plans to start mass production of batteries using XFC technology (extreme fast charging) in 2024, and XED technology (extreme energy density) in 2028.

StoreDot Opens Research Hub in California
Leave your contact details and get expert advice
By clicking the "Request a call" button, you agree to the Data Processing Policy