According to foreign media reports, StoreDot, a startup company headquartered in Tel Aviv, Israel, is a company dedicated to developing electric vehicle batteries. The company's chief operating officer Erez Lorber recently said that the electric vehicle battery developed by his company can be completed in just 5 minutes. Charge. Lorber also added that the company’s team of scientists and engineers is working hard to make fast-charging batteries operate efficiently and safely, and the results are expected to be seen as early as 2021.

　　On October 2, local time, Lorber made the above speech at an innovation conference co-sponsored by the Economist (Calcalist) and the event planning company Connecting Leaders Club at the Mondial del'Automobile autoshow in Paris.

　　Founded in 2012 and headquartered in the Tel Aviv-area city of Herzliya, StoreDot has raised $158 million to date, according to Pitchbook. Its investors include Tokyo-based TDK Corporation and German automaker Daimler AG.

　　In addition, in May this year, British Petroleum (BP) said that its venture capital company BP Ventures also invested US$20 million in StoreDot, hoping to reduce greenhouse gas emissions in operations. Tufan Erginbilgic, chief executive of BP's downstream business, said in a statement, "Ultra-fast charging is at the core of BP's electrification strategy, and StoreDot's technology shows that a car can be charged in about the same time as a tank of gas."

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