New phone batteries that can charge in 5 minutes

StoreDot, a startup company from Israel plans to start making ultra-fast-charging technology in early 2018, says a report.

The technology is said to charge a smartphone in five minutes. It can also fully power an electric vehicle in five minutes.

The company says that the new batteries are in the advanced stages of development and may be added into electric vehicles in the next three years.

The fast-charging batteries may have a huge impact on the smartphone industry. However, experts are doubtful about the future of such batteries when introduced in the markets.

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