Until recently, a five-minute charging lithium-ion battery was considered to be impossible. But, it isn't anymore, according to StoreDot's chief executive, Dr. Doron Myersdorf.
A new electric car battery that can be fully charged in five minutes has been manufactured for the first time on a normal production line in China, based on designs by StoreDot.
The breakthrough could address a significant concern for electric car drivers - the fear of running out of power during a journey, and marooning the vehicle for a couple of hours while it charges, Sky News reported.
"A five-minute charging lithium-ion battery was considered to be impossible. But we are not releasing a lab prototype, we are releasing engineering samples from a mass production line. This demonstrates that it is feasible and commercially ready," Myersdorf said.
"The company produced 1,000 sample batteries with its manufacturing partner Eve Energy in China. These samples, which are compliant with Li-ion battery certifications, were manufactured on a normal construction line and will be used to showcase the company's technology to other companies," he added.
There are more than 30,000 points currently in the UK in over 11,000 locations, and around 10,000 charge points were added in 2019 alone. But research by Deloitte suggests the UK will need to spend £1.6bn on 28,000 more public points for the estimated seven million EVs that will be on the road by 2030.