Last year, StoreDot made news with its rapid-charging smartphone battery that the Israeli startup claimed could be fully recharged in just 30 seconds, while hinting the technology could be scaled up for fast-charging electric vehicles (EVs). After completing a round of funding for a new EV business unit, StoreDot might just be able to deliver on its vision of EVs that can receive a full charge in just five minutes.
StoreDot's FlashBattery technology relies on "nanodots", which are comprised of bio-organic peptides whose raw materials are abundant in nature and also self-assemble, making for a more affordable product.