Say goodbye to anxiety: battery is produced for electric cars by a Startup that can travel 160 kilometers and be recharged in just five MINUTES
Electric car batteries capable of fully charging in five minutes have been produced at a Startup for the first time, marking a significant step towards electric cars becoming as quick to charge as fueling gasoline or diesel vehicles.
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Startup Storedot creates revolutionary battery
Electric cars are a vital part of the action to tackle the climate crisis, but running out of power while traveling is a concern for drivers. The new lithium-ion batteries were developed by Israeli startup StoreDot and manufactured by Eve Energy in China on standard production lines.
A StoreDot has already demonstrated its “extremely fast charging” battery in phones, drones and scooters and the 1.000 batteries it has now produced are to showcase its technology to automakers and other companies. Daimler, BP, Samsung and TDK all invested in StoreDot, which has raised $130 million to date and was named a Bloomberg New Energy Finance Pioneer for 2020.
05 minutes recharge
The batteries of the new electric cars developed by the Israeli startup can be fully charged in five minutes, but this would require chargers of much greater power than those used today. Using available charging infrastructure, StoreDot aims to provide 160 miles of charge for a car battery in five minutes by 2025.
“The number one barrier to EV adoption is no longer cost, it's range anxiety,” said Doron Myersdorf, CEO of StoreDot. “Either you're afraid of getting stuck on the road or you're going to have to sit at a charging station for two hours. But if the driver's experience is exactly like filling up [a gasoline car], all that anxiety goes away. ”
“A five-minute lithium-ion battery was considered impossible,” he said. “But we're not releasing a lab prototype, we're releasing engineering samples from a mass production line. This demonstrates that it is viable and commercially ready. ”
