Factory Produces EV Batteries That Can Be Fully Charged in Five Minutes
The journey toward electrifying the roads is well underway, but one major issue that has consistently stood in the way of widespread electric vehicle (“EV”) adoption is charging. Not only is the current network of public-charging stations barely enough to support the increasing numbers of electric vehicles, but recharging an EV takes much longer than refueling a petrol or diesel vehicle. To solve this problem, EV makers, automakers and battery companies have been working on fast-charging technology that can recharge a battery in as little as 10 minutes without damaging it. StoreDot, an Israeli lithium-ion battery company has developed lithium-ion…