Volvo Cars invests in ultrafast battery maker StoreDot
April 19, 2022
Volvo Cars has invested in StoreDot, an Israel-based electric vehicle battery startup, through its venture capital arm, Volvo Cars Tech Fund.
StoreDot claims that it’s on track to begin mass producing its “100in5” cells as early as 2024, which the company says can achieve 100 miles (160 km) of charge in five minutes. It’s already shipping the 100in5 cells for real-world testing.
Volvo…