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Battery to charge phone in seconds

An Israeli company says it has developed technology to charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries.

Tel Aviv-based StoreDot says it has developed a battery that can store a much higher charge more quickly, in effect acting like a super-dense sponge to soak up power and retain it.

While the prototype is currently far too bulky for a mobile phone, the company believes it will be ready by 2016 to market a slim battery that can absorb and deliver a day's power for a smartphone in just 30 seconds.

The company has raised $48m (€38.6m) from two rounds of funding.


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