National Post

Electric cars GET Battery that can charge in 5 Minutes

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Israeli company Storedot Ltd. has manufactur­ed the first battery for electric vehicles that can be charged in just five minutes, a step toward making refuelling 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 underappre­ciated issue. Storedot is aiming for a 2025 mass rollout if it can find the right strategic partners, Chief executive Officer doron Myersdorf said.

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