StoreDot & Circulor Partner to Deliver EV Battery Supply Chain Transparency

StoreDot, the pioneer of extreme fast charging battery technology for electric vehicles (EVs), has partnered with Circulor, a supply chain traceability solution, to track and trace the CO₂ emissions of the raw materials used in its battery cells and its manufacturing cells process. The partnership's aim is to prove responsible, sustainable, and ethical sourcing.

StoreDot is working with Circulor to create transparent battery supply chains to provide full traceability for global automotive manufacturers and support them in meeting regulatory requirements. 

The two companies are implementing Circulor’s traceability solution to follow upstream battery material production and the corresponding embedded carbon emissions.

This information will enable StoreDot to make such information available to EV OEM customers and regulators who are requiring information regarding Environmental, Social, and Governance (ESG) efforts.

StoreDot is pioneering faster charging times and increased reliability by developing cell technology capable of delivering 100 miles on a five-minute charge by 2024.

Circulor was founded in 2017 in the UK, with offices in the US, Germany, Ireland, Singapore, and Australia.

StoreDot CEO, Dr Doron Myersdorf, says: “The environmental, social, and governance aspects of our XFC solution are a core value to StoreDot and its employees. We are therefore pleased to be entering this partnership with Circulor which has consistently demonstrated its world-leading supply chain traceability capabilities. It is essential that StoreDot offers its automotive OEM customers and investors full transparency of CO₂ emissions, as well as the materials and components of our extreme fast charging ‘100in5’ battery cells. This will give our EV partners even more confidence in StoreDot as we move closer to mass producing batteries.”

Circulor CEO, Douglas Johnson-Poensgen, adds: “StoreDot is a pioneer in next generation battery solutions, specifically focused on overcoming potential barriers to EV adoption and ensuring that our move to electrified economies is done right. We are delighted to be working with the StoreDot team to create EV supply chain transparency and demonstrate its importance in building a sustainable and responsible future.”

StoreDot's strategic investors and partners include Daimler, BP, VinFast, Volvo Cars, Polestar, Ola Electric, Samsung, TDK, and its manufacturing partner EVE Energy.