Electric Vehicles Get First Battery That Can Charge in 5 Minutes

Israeli companyStoreDot Ltd. has manufactured the first battery for electric vehicles that can be charged in just five minutes, a step toward making refueling as fast as cars at a gas station.

The lithium-ion samples were produced byStoreDot’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.

50,​820 Million metric tons of greenhouse emissions, most recent annual data

$69.​9B Renewable power investment worldwide in Q2 2020

Bishkek, KyrgyzstanMost polluted air today, in sensor range -4.​89% Today’s arctic ice area vs. historic average 0 3 2 1 0 9 0 7 6 5 4 3 Soccer pitches of forest lost this hour, most recent data 0 6 5 4 3 2 0 3 2 1 0 9 0 8 7 6 5 4 .0 8 7 6 5 4 0 7 6 5 4 3 0 6 5 4 3 2 0 2 1 0 9 8 0 0 9 8 7 6 0 2 1 0 9 8 Parts per million CO2 in the atmosphere

However, batteries that charge this quickly probably won’t be achievable at scale for years with existing charging infrastructure. Degradation relating to use of fast-charging also is an under appreciated issue.

“This is a huge positive to the industry, making rapid charging on the go more convenient and reducing a huge barrier to adoption,” David Watson, chief executive officer of EV-charging company Ohme Technologies U.K. Ltd. “But these benefits will take a while to come on stream.”

StoreDot waspicked by BloombergNEF as one of its top 10 companies of 2020 leading the low-carbon transition.

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