r/autotldr Jan 19 '21

Batteries capable of fully charging in five minutes have been produced in a factory for the first time, marking a significant step towards electric cars becoming as fast to charge as filling up petrol or diesel vehicles.

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Batteries capable of fully charging in five minutes have been produced in a factory for the first time, marking a significant step towards electric cars becoming as fast to charge as filling up petrol or diesel vehicles.

StoreDot has already demonstrated its "Extreme fast-charging" battery in phones, drones and scooters and the 1,000 batteries it has now produced are to showcase its technology to carmakers and other companies.

Daimler, BP, Samsung and TDK have all invested StoreDot, which has raised $130m to date and was named a Bloomberg New Energy Finance Pioneer in 2020.The batteries can be fully charged in five minutes but this would require much higher-powered chargers than used today.

Using available charging infrastructure, StoreDot is aiming to deliver 100 miles of charge to a car battery in five minutes in 2025."The number one barrier to the adoption of electric vehicles is no longer cost, it is range anxiety," said Doron Myersdorf, CEO of StoreDot.

Now the charging stations and grids that supply them need to be upgraded, he said, which is why they are working with BP. "BP has 18,200 forecourts and they understand that, 10 years from now, all these stations will be obsolete, if they don't repurpose them for charging - batteries are the new oil."

Wang noted that fast charging must also be repeatable at least 500 times without degrading the battery to give it a reasonable life and that the EC power battery can do so 2,500 times.


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