Technology

STOREDOT ON SCHEDULE FOR ITS 100inX PRODUCT ROADMAP, CAPABLE OF ADDING 100 MILES OF RANGE IN JUST 4 MINUTES

Published

11 months ago

February 13, 2024

StoreDot has reached its ‘100in4’ milestone ahead of schedule in early prototype tests by implementing a suite of cell enhancements that enable extreme fast charging (XFC) with available infrastructure capabilitiesStoreDot’s 100in4 XFC prototype cells show a 10% improvement in energy density compared to its 100in5 generationThe silicon-based 100in4 cells were tested using low applied pressure while maintaining StoreDot’s cell attributes of minimal volumetric expansion. They demonstrated 1100 XFC cycles with high energy density, and projected energy density of 340Wh/kg in an EV form factorThe 100in4 technology is in the process of scale up from 3Ah cell to 140Ah, targeting mass production readiness in 2026StoreDot remains on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028

HERZLIYA, Israel, Feb. 13, 2024 /PRNewswire/ — StoreDot, the pioneer and world leader in extreme fast charging (XFC) battery technology for electric vehicles has revealed progress made on the development of its next-phase technology roadmap. This builds on its previously announced introduction of production-readiness cells capable of 100 miles in 5 minutes this year, and 100 in 3 minutes by 2028, as the company continues its path towards commercialization.

This advancement relies on a suite of holistic design and engineering upgrades to the entire battery system, rather than focusing purely on charging speed. StoreDot’s ‘100in4’ technology prioritizes increased energy density and a myriad of technological enhancements. By taking this system approach, the company aims to maximize real-world performance with the available charging infrastructure.

Specifically, StoreDot is targeting at least a 10% improvement in energy density compared to its 100in5 cells. This will enable more mileage from a charge with the existing charging rates. The key to achieving this is optimizing multiple aspects of the battery, including chemistry, cell and pack engineering, cooling design, and modifications to internal connections.

For the ‘100in4’ technology, StoreDot has already achieved 1100 XFC cycles in a small form factor cell, with projected energy density of 340Wh/kg in a large Electric Vehicle form factor. This milestone comes earlier than planned, and the company will continue refining its XFC technology on the path to production-ready cells that deliver 100 miles charged in just 4 minutes by 2026.

The small form factor 100in4 prototype utilizes a small capacity (3Ah) multi-layer battery cell with internal electrode layers similar to the larger battery cells StoreDot already has proven and scaled up for EV packs, show the scalability and maturity of the prototype cell.

Dr Doron Myersdorf, CEO StoreDot “By taking a balanced, system-level approach, we are unlocking the full potential of our XFC battery technology to maximize real-world performance. Rather than prioritizing charging speed, our plan focuses on technological enhancements across the board – energy density, cell and pack design, chemistry, and cooling optimization. The result is an extremely fast charging experience that can be easily deployed on today’s infrastructure.

“While this is an early prototype and there are still challenges to overcome, we can draw from our experience of seamlessly scaling up from a 3Ah to a >100Ah EV grade cell within months. We believe our roadmap provides a sustainable, practical, and proven path to delivering extreme fast charging that will accelerate mass EV adoption. We remain ahead of schedule for our planned milestones as we continue our path to commercialization.”

StoreDot recently announced anticipated 2024 milestones including the demonstration of the world’s first EV pack equipped with XFC technology, shipping prismatic B-samples to OEMs, and expanding its operations in the US.

StoreDot remains on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028.

About StoreDot

StoreDot is the pioneer and world leader of extreme fast charging (XFC) electric vehicle batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by innovating and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, enabling charging of an EV in under 10 minutes – the same experience as refuelling a conventional combustion engine car.

Through its ‘100inX’ product roadmap, StoreDot’s battery technology is delivering ‘Range on Demand™’: 100 miles charged in 5 minutes in 2024, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028. StoreDot’s strategic investors and partners include BP, Daimler, VinFast, Volvo Cars, Polestar, Ola Electric, Samsung, TDK, and its manufacturing partner EVE Energy.

StoreDot’s media kit can be found at this link.

Photo – https://mma.prnewswire.com/media/2338870/StoreDot_XFC_Prototype.jpg

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SOURCE StoreDot

Technology

OCR Canada Rebrands to Levata

Published

12 minutes ago

December 27, 2024

TORONTO, Dec. 27, 2024 /CNW/ — OCR Canada Ltd., Canada’s leading solutions provider of automated identification data capture (AIDC) products, software, and services for businesses across industries and government organizations, is pleased to announce its rebrand to Levata as of January 1, 2025. This transition unites Canada’s operations with Levata’s global identity, streamlining the company’s messaging while honoring OCR Canada’s more than 40-year legacy of trusted service and expertise.

The name OCR, which originally stood for Optical Character Recognition, reflects a technology that no longer represents the company’s comprehensive offerings. Rebranding to Levata supports the broader strategic vision of uniting Levata across markets under one multinational brand to better communicate the full value Levata delivers to its customers.

“This rebrand is an exciting milestone for Canada,” said Tony Mastrangeli, Executive Vice President & GM of Canada. “While our name is changing, the exceptional service, expertise, and relationships our customers rely on remain the same. Levata will continue to empower businesses with tailored solutions, just as OCR Canada has for more than 40 years.”

The transition follows a successful history of growth in Canada, with OCR Canada joining Levata in 2014. Since then, the Canadian arm has expanded its expertise through strategic acquisitions and established itself as a leading provider of AIDC solutions across industries.

“This rebrand marks the next step in Levata’s long-term vision,” said Dan Nettesheim, CEO of Levata. “By uniting under a single, global identity, we are amplifying our global message that we enable our customers to elevate their potential. Today, we provide solutions beyond OCR and barcoding, we also offer leading technology and services for enterprise mobility, RFID, networking, IT infrastructure, and more to help customers succeed in a competitive and rapidly evolving market.”

To complement this transformation, Levata Canada will launch a French-enabled eCommerce platform in January 2025, further enhancing customer access and experience.

For more information about the rebranding, visit www.Levata.com/en-ca/news/ocr-canada-rebrands-to-levata.

About Levata
Levata enables customers to elevate their potential by providing strategies, solutions, and services that power modern environments. With a broad suite of technology products to enable enterprise mobility, a digital supply chain, a secure workplace, and an elevated customer experience, and the services to move businesses forward, Levata unlocks the power of thousands of organizations worldwide. Levata has operated as a market leader in full-stack technology solutions for over 40 years. Learn more at www.levata.com.

Alana Tufford, Director, Enterprise Marketing
Levata
905-475-5505 x242
branding@levata.com

SOURCE Levata

Technology

“Intangible Cultural Heritage in China” Now Airing on CCTV

Published

12 minutes ago

December 27, 2024

BEIJING, Dec. 27, 2024 /PRNewswire/ — Intangible Cultural Heritage in China, a landmark cultural series jointly presented by China Media Group (CMG) and the Ministry of Culture and Tourism of the People’s Republic of China, takes audiences on an immersive journey where tradition and innovation converge. Through interactive and engaging experiences, the program has ignited nationwide interest in China’s intangible cultural heritage (ICH) as audiences witness the dynamic transformation of ancient traditions into contemporary practices. A new episode continues on CCTV-1 at 8:00 PM on December 21, 2024.

Staying true to its core theme of “bringing heritage to life through people, crafts, and daily practices”, this series celebrates master artisans while showcasing the creative evolution of traditional culture. It illustrates how ICH enriches modern life, catalyzes new development modalities of cultural tourism, and strengthens regional economies through the harmonious integration of heritage preservation and tourism development.

In the Shandong episode, viewers are transported to the Ancient City of Langya in Linyi. CMG host Long Yang explores the city’s heritage districts alongside distinguished guests Shan Jixiang, Chairman of the Expert Committee of the China Cultural Relics Academy and Director of the Palace Museum’s Academic Committee, and acclaimed actress Kara Hui. Together, they unveil Shandong’s extraordinary cultural legacy through masterful demonstrations of traditional craftsmanship, immersive workshops, authentic Lu cuisine experiences, and an enlightening journey across the storied lands of Qi and Lu.

Watch the premiere at 8:00 PM on December 21, 2024 on CCTV-1, with exclusive streaming available on www.yangshipin.cn. Stay tuned!

View original content:https://www.prnewswire.co.uk/news-releases/intangible-cultural-heritage-in-china-now-airing-on-cctv-302339194.html

Technology

Thinkfree showcases AI-Driven future workplace at CES 2025

Published

1 hour ago

December 27, 2024

LAS VEGAS and SEOUL, South Korea, Dec. 27, 2024 /PRNewswire/ — Thinkfree, a global software company in productivity tools and AI technology, will participate in CES 2025, taking place in Las Vegas from January 7 to January 10, 2025. During the event, Thinkfree will present its vision for the future workplace powered by AI technologies.

Thinkfree will present scenarios showcasing the potential of AI to revolutionize productivity in next-generation workspaces, including autonomous vehicles and smart offices. Visitors will explore how Thinkfree solutions enable efficient data access, accurate information discovery, key detail summarization, and streamlined collaboration in mobile or in-vehicle work environments.

Thinkfree’s suite of advanced solutions powers these transformative experiences, including Thinkfree Office Online – a web-based productivity suite, Refinder AI – an AI-powered enterprise search and assistant solution, Thinkfree Drive – an integrated cloud storage and office platform, and Thinkfree Intellect – a tailored knowledge management service designed for enterprises.

Deekay Kim, CEO of Thinkfree, stated, ” As the digital transformation of work environments progresses, Thinkfree is committed to harnessing our expertise in productivity tools and AI to drive efficiency in the future workplaces, such as autonomous vehicles and smart offices. CES 2025 will provide us with the perfect platform to highlight our innovations to the global market and encourage partnership that will help define the future of work.”

Visitors to Thinkfree’s booth in North Hall, Booth #8676, at the Las Vegas Convention Center can experience solutions such as Thinkfree Office Online and Refinder AI, with experts on hand to offer guidance on technology integration and partnership opportunities.

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SOURCE THINKFREE