StoreDot demos EV battery that reaches a full charge in 5 minutes

StoreDot, an Israeli startup known for making fast-charging batteries, announced its model for EVs in 2015. The company claims that its EV battery can reach a full charge within only five minutes and can keep the car running for 300 miles. Now, to prove that its technology works, StoreDot has demonstrated its product's charging capability on stage at the CUBE Tech Fair in Berlin. The presenters didn't exactly have the chance to show the battery get to 100 percent, since they had to pack up before the process was done. But you can still see how fast it inhales electricity in this Periscope video taken by Gruendermetropole.
 
While charging an EV doesn't take a whole night these days -- Tesla's Supercharger only needs around two hours to fully charge one of the brand's cars -- a rapid-charging battery could convince new customers to make the switch. You don't have to be worried about running out of power while in the middle of time-sensitive tasks anymore. Not when you can be in and out of a charging station in the blink of an eye.
 
StoreDot's FlashBattery technology uses layers of nanomaterials and proprietary organic compounds, which it says have never been used on batteries before. The company also claims FlashBattery is safer than lithium-ion, since it's not flammable and has a higher combustion temp. We might be able to see the first EVs using the technology within three years -- we'll just have to wait and see whether it can help the industry grow.
 
StoreDot CEO Dr. Doron Myersdorf said in a statement: "Fast Charging is the critical missing link needed to make electric vehicles ubiquitous. The currently available battery technology dictates long charging times which makes the EV form of transportation inadequate for the public at large. We're exploring options with a few strategic partners in the auto space to help us boost the production process in Asia and reach mass production as soon as possible."

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