Israeli company working on EV battery with 5-minute charge

Israeli company working on EV battery with 5-minute charge

Israeli start-up StoreDot says it is developing an electric vehicle battery that would take only five minutes to charge and provide 300 miles of driving. Doing so would overcome a major obstacle to more widespread use of EV technology.

StoreDot says it is developing a new type of battery –consisting of proprietary organic compounds.” The EV will have a pack made up on hundreds of EV FlashBattery cells containing materials that are less flammable and more stable at high temperatures than traditional lithium-ion batteries.

The company, which is backed by investors that include Samsung, hopes to have prototype batteries ready later this year.

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