Two things are tapping the brakes on the adoption of electric vehicles: range anxiety and the lengthy time that’s usually needed to get an EV ch

EV Game Changer? Dallas-Based Solidion Develops Lithium Battery That Can Charge in 5 Minutes » Dallas Innovates

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2024-10-31 02:00:05

Two things are tapping the brakes on the adoption of electric vehicles: range anxiety and the lengthy time that’s usually needed to get an EV charged up and back on the road. Now Solidion Technology (Nasdaq: STI) says it may have found a solution. Its battery scientists “have successfully developed a cost-effective strategy for enabling completion of charging in 5 minutes for a wide range of lithium batteries,” the company announced Wednesday.

Solidion—an advanced battery tech solutions provider headquartered in Dallas with production facilities in Dayton, Ohio—noted that for EVs to be truly competitive with internal combustion engine vehicles, they need to be weather-independent and have “refueling” times comparable to filling up a gas tank. The company pointed out that half of the U.S. and most of Northern Europe has an average temperature below 0°C. “None of today’s EV batteries allow for fast charging at low temperatures,” Solidion noted.

To help pave the way for a battery that can be fast-charged at all climate conditions, Solidion said its technical team has developed and patented “an effective method and system for fast charging a battery cell or pack without negatively impacting the battery.” The strategy also allows a battery system to operate in a “safe mode” and avoid a thermal runaway problem.