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Electric cars get first battery that can be charged in just five minutes

Israeli company StoreDot Ltd. has manufactured the first battery for electric vehicles that can be charged in just five minutes, a step toward making refueling as fast as cars at a gas station. The lithium-ion samples were produced by StoreDot’s strategic partner in China, Eve Energy Co., and have been used as a demonstration in a two-wheeled scooter. StoreDot said that rapid charging batteries could overcome range and charging anxiety, a critical barrier to mainstream EV adoption. However, batteries that charge this quickly may not be achievable at scale for years with existing plug-in infrastructure. Degradation relating to use of fast-charging also is an under-appreciated issue.

Israeli Firm Claims EV Charging Breakthrough

The company contends the rapid charging batteries could overcome range and charging anxiety, a critical barrier to mainstream EV adoption. (Bloomberg) Israeli company StoreDot Ltd. has manufactured the first battery for electric vehicles that can be charged in just five minutes, a step toward making refueling as fast as cars at a gas station. The lithium-ion samples were produced by StoreDot’s strategic partner in China, Eve Energy Co., and have been used as a demonstration in a two-wheeled scooter. StoreDot said that rapid charging batteries could overcome range and charging anxiety, a critical barrier to mainstream EV adoption.

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