Storedot, an Israeli based technology company that can recharge a Samsung Galaxy 5 mobile phone in under 30 seconds, now seem to be claiming they already have developed the technology to recharge a car in five minutes for a full charge!

Storedot is a private company based in Israel.

Chelsea FC owner Roman Abramovich is a principal investor, taking a $10 million stake in a previous financing.

Storedot have released a quirky video which can be viewed by clicking HERE

Storedot use a molecular structure for their battery, rather than lithium ion, as in conventional batteries.

If this disruptive technology proves to be successful, it could alter the dynamics of the lithium supply and demand chain significantly in due course.