BP invests in ultra-fast charging battery company StoreDot
Green Car Congress
MAY 23, 2018
BP Ventures has invested $20 million in Israel-based ultra-fast charging battery developer StoreDot. StoreDot has developed a lithium ion-based battery technology which enables ultra-fast charging for the mobile and industrial markets. Using this technology, StoreDot is also developing a new type of electric-car battery that will aim to achieve a charging experience that is comparable to the time spent to refuel a traditional car.