EV battery that can charge to 80% in 5 minutes, that’s the plan
SOLD on developing its way as a premier electric car maker in the world, VinFast, the VinGroup’s automaker has been keen on developing an EV battery that can charge to 80 percent in 5 minutes, 100 percent solid-state battery with no fire risk, and expected higher capacity than current lithium-ion batteries.
Possible? Even Tesla’s batteries at this stage cannot achieve such a quick charging time or hold it safely? What sorcery does VinFast have up its sleeve? The answer? A collaboration with StoreDot, an Israeli company well-known for its extremely fast charging technology–and does just what it aims for–a battery that can charge to 80 percent of capacity in only 4-5 minutes.
In a statement received by Malaya Business Insight, StoreDot’s technology has been used in smaller devices and has more than one proof-of-concept. As it has been proven to work effectively on cellphones, drones, and e-scooters, the technology, which was said to be impossible just a few years ago has now been revealed.
Instead of graphite, StoreDot uses nanoparticles in their batteries, which allows much faster-charging speed compared with current technologies. Therefore, StoreDot is said to be a pioneer in the world’s new energy sector. This means that VinFast may become one of the few electric car firms with advanced battery technology.
“To ensure adequate supply of EV batteries of the highest quality, VinFast adopts a battery strategy with three pillars: purchases from world-class suppliers, cooperation with leading partners for battery cell production as well as research and production of our own battery cells.” Vingroup’s Vice Chairwoman Thuy Le said as she explained how technologies of the future are about to be featured on VinFast’s EV models as she talked about the car maker’s big plan for electrification.
Aiming to get ahead and gain competitive advantage in the global EV market, VinFast has been proactively seeking for and partnering with top prestigious firms in battery making – a key to the future of electric cars.
Vingroup’s Vice Chairwoman Thuy Le also revealed that VinFast is joining hands with a number of leading companies in battery research and manufacture from the US, Israel, Taiwan, etc. to ensure that its EV models will be equipped with cutting-edge batteries.
Notably, Vice Chairwoman Thuy Le also mentioned the strategic partnership between VinFast and Taiwanese ProLogium (PLG) that has been carrying out research and production of all solid-state batteries. ProLogium became the world’s first company with an all-solid-state battery experimentation facility for cars in 2017.
With the advantages of rare potential for fire or explosion, operating temperatures as low as minus 20 degree Celsius, expected higher energy density compared with lithium-ion battery and fast charging capacity, all solid-state battery is considered the technology of the future, a catalyst for the EV revolution.
Another remarkable name is Gotion High-Tech – a major company in battery development and manufacture in China. It is well-known for LFP battery technology. Gotion has just signed an MoU with VinFast and both sides are progressively discussing detailed collaboration plans. LFP battery can be produced with low costs, suitable for mid-range electric cars and potential for universalizing green transportation in the world.
Vingroup also disclosed that it is carrying out R&D activities on its own in addition to seeking external resources. Research institutes manned with world leading experts under Vingroup’s business ecosystem together with its new subsidiary — VinES Energy Solutions JSC — play an essential role in this task.
Vingroup’s Vice Chairwoman shared that VinFast has plans to establish battery production facilities in Europe and the US, apart from the factory in Vietnam. This will be an important part of VinFast’s journey to become a global smart electric vehicle company and its efforts to accelerate the trend of green transportation in the world.