Batteries that can fully charge in five minutes have been produced for the first time, marking a significant step toward electric cars becoming as fast to charge up as filling up gas or diesel vehicles takes. The new lithium-ion batteries were developed by the Israeli company StoreDot and manufactured by Eve Energy in China. For these batteries to fully charge in five minutes, they would require much higher-powered chargers than used today. Based on currently available charging systems, StoreDot is aiming to deliver 100 miles of charge to a car battery in five minutes by 2025. Dozens of other companies around the world are also developing fast-charging batteries. These batteries are expected to be available to the mass market in about three years.

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