There is no doubt that the number of electric vehicles being sold over the World is growing rapidly fast, but one of the main struggles with electric vehicles is how long it takes to recharge the car batteries, even using the latest cutting edge fast-charging systems.
BP has invested $20 million in Israel’s start-up StoreDot. StoreDot’s is a Tel Aviv-based firm which is working on a solution to reduce greenhouse gas emissions in its operations. Its innovative battery technology powered by organic compounds and nano materials can charge electric vehicles in five minutes and it will pave the way for wider adoption of electric vehicles.
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