They are replacing known materials and technologies with enhanced electro-chemical properties. StoreDot's proprietary compounds, combined with nano-materials, are optimized for Extreme Fast Charging – XFC of electric vehicles.

Storedot is working with EVE Energy in China. They also work with Samsung and Daimler. Storedot has 61 granted and 31 pending patents. Storedot has received $130 million in funding.

They are able to use more silicon to reach higher energy density. They take nano-silicon and protect it with organic material that is a coating layer that protects in fast charging and fast discharging.

If this works, Tesla will want to be a partner or customer of EVE Energy and Storedot.