Startup Nyobolt demonstrated its battery, which can be charged in under 5 minutes, in a prototype EV earlier this year.
Nyobolt
- Startups and automakers are racing to build EV batteries that can charge in five minutes or less.
- Ultrafast batteries would solve one of the biggest issues customers have with EVs — charging times.
- Analysts say China's dominance in the battery industry means it is winning the race for five-minute charging.
Lengthy charging times are holding back the EV revolution...