Firm Develops Electric Car Batteries That Charges In 5 Minutes

An Israeli firm, StoreDot has announced its development of an electric car battery that can charge in just five minutes.

The production is in partnership with a Chinese company, Eve Energy Co., which produced the lithium-ion samples that were used for demonstration in a two-wheeled scooter.

StoreDot Ltd. is a battery developer and materials innovation leader, developing ground-breaking battery technologies based on the design and synthesis of both organic and inorganic compounds.

Replacing known materials and technologies with enhanced electro-chemical properties, StoreDot’s proprietary compounds, combined with nano-materials, are optimized for ultra-fast charging of electric vehicles.

Speaking at the launch of the batteries, Doron Myersdorf, CEO of StoreDot commented, “StoreDot continues to go from strength to strength as we get one step closer to making our vision of 5-minute charging of EVs a commercial reality. Our team of top scientists has overcome inherent challenges of XFC such as safety, cycle life, and swelling by harnessing innovative materials and cell design."

READ MORE: How To Charge Your Electric Car

Imagine the problem most electric car owners have with their batteries that take an average of 8 to 10 hours for a full charge. This is surely one of the reasons the electric car owners envy their fuel-powered counterparts who just breeze into a fuel station and within minutes, they are up and away.

Hence, StoreDot’s announcement of this newly produced electric car battery that can charge in five minutes is a very welcome development. This development could overcome range and charging anxiety and worries, which is a critical barrier to mainstream EV adoption.

The company says that this development represents a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the first time via a small form-factor battery cell.

This announcement marks an important milestone, moving XFC for the first time beyond innovation in the lab to a commercially-viable product that is scalable for mass production. This will pave the way for the launch of our second-generation, silicon-dominant anode prototype battery for electric vehicles later this year.”