And the latest news has more investors chomping at the bit to get involved. A year later, BP (NYSE: BP) invested $20 million into the company. In 2017, the company raised $60 million from a group that included Samsung (KRX: 005930). As of now, Myersdorf is the company CEO while Litsyn and Rosenman hold other executive positions.īringing in investors hasn’t been an issue over the past few years. The lithium-ion battery company was founded by Doron Myersdorf, Simon Litsyn and Gil Rosenman. StoreDot was founded in 2012 and is currently located in Herzliya, Israel. Yet, it’s important to gain a better understanding of the company as it continues to grow in that direction. Get to Know StoreDotĪ StoreDot IPO may not be in the immediate future. Verified Market Research suggests the EV battery market will reach $133.46 billion by 2027. Just five minutes! Moreover, this isn’t a niche market. StoreDot’s EV battery can fully charge in five minutes. And that is why it’s important to learn how to invest in StoreDot stock. This is where StoreDot plans to make a difference. And personal chargers can take even longer. It can take hours for a full charge if you can’t find a super-powered charging station nearby. However, neither company has figured out the most efficient way to charge their vehicles. And Rivian looks to be on a similar path with its upcoming electric truck and sport-utility vehicle (SUV). Tesla has skyrocketed to prominence with its various EV models. Instead of producing the latest electric vehicles, it’s focusing on batteries and quick-charging. StoreDot is entering the EV boom through a different route than Tesla (Nasdaq: TSLA) or Rivian. How to Invest in StoreDot Stock Before It Goes Public However, it’s very difficult to become an investor at this current moment. Do you know how to invest in StoreDot stock before the company goes public? This battery technology company is making headlines within the electric vehicle (EV) industry.
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