Tesla Turns To Israel For Cutting-Edge Tech

Tesla Turns To Israel For Cutting-Edge Tech

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Tesla Motors is setting up a Research and Development office in Israel to capitalize on the country's penchant for birthing innovative startups.

Automotive Journalist Aaron Brzozowski wrote that, "Tesla Motors might stand to benefit from Israeli startup tech with regard to its lithium-ion batteries.

"In 2018, BP Ventures sunk $20 million into Israeli startup StoreDot, which is working to replace the graphite found in nearly all lithium-ion batteries with a mix of metalloids and organic compounds to deliver five-minute EV recharge times. Such a quick recharge time would make EVs more competitive with internal combustion engine cars in terms of convenience, and would almost certainly be a game changer."