'Polestar, Israeli Startup StoreDot Seek To Slash Time To Charge EVs; Israeli Startup StoreDot Will Demonstrate New Charging Technology, Capable Of Adding 100 Miles Of Range In 5 Minutes, In A Prototype Polestar 5 Next Year' - AutomotiveNews
Portfolio Pulse from Benzinga Newsdesk
Polestar, an electric vehicle maker, is partnering with Israeli startup StoreDot to demonstrate a high-speed battery charging technology. The technology, which can add 100 miles of range in just five minutes, will be piloted in a prototype Polestar 5 performance sedan next year.
November 09, 2023 | 6:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Polestar's partnership with StoreDot to demonstrate high-speed EV charging technology could potentially enhance the attractiveness of its electric vehicles, potentially boosting sales and positively impacting its stock.
The partnership with StoreDot to demonstrate high-speed charging technology could make Polestar's electric vehicles more attractive to consumers due to reduced charging times. This could potentially lead to increased sales and a positive impact on the company's stock.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100