An EV Battery That Charges Fully In 5 Minutes Could Become Commercial In 3 Years

Electric vehicles now comprise a substantial part of the automotive market. But the fact remains that despite the increasing number of charging stations, it is still inconvenient to charge a car in comparison to getting a tank full of gas. StoreDot, an Israeli startup, might have the solution to the woes of electric vehicle (EV) owners, with a new battery it claims can fully charge in five minutes and drive the EV 300 miles on a single charge. "Fast Charging is the critical missing link needed to make electric vehicles ubiquitous. The currently available battery technology dictates long charging times, which makes the EV form of transportation inadequate for the public at large. We're exploring options with a few strategic partners in the auto space to help us boost the production process in Asia and reach mass production as soon as possible," Doron Myersdorf, co-founder and CEO of StoreDot, said in the official press release Thursday.