Israeli Start-up Creates a Battery which Could be Charged in Just Five Minutes

Ultra-fast recharge specialists StoreDot have developed a first-generation lithium-ion battery that can challenge the filling time of a conventional car at the pump. Doron Myersdorf, StoreDot founder said. The development has the potential to eliminate the hours needed to recharge an electric car. For this purpose, hundreds of prototypes are being examined by the manufacturers. The company StoreDot is based in Herzliya, near Tel Aviv, and is supported by four key investors: German automobile manufacturer Daimler, the UK’s British Petroleum, and the electronic giants Samsung and TDK. According to Myersdorf, Batteries are preserved in a laboratory equipped with large glass boxes, sealed to keep oxygen out. StoreDot chemists clad in goggles and white coats create 100 batteries a week after which they are being sent to companies for possible use in their products. However,  Eric Esperance, an analyst at Roland Berger consulting firm, warned that while ultra-fast charging would be a “revolution”, many stages still remain for the automotive industry to fully electric with efficiency. Check out? Intel Purchases Israel’s Moovit Transit App for Nearly $1B