The Next Web reports that the exact charging time was 4 minutes and 37 seconds, which almost competes with putting gas in a fossil-powered car's tank. To conduct the testing, the company used its own sports EV with its proprietary battery system.

The team of experts managed to successfully modify lithium-ion batteries so that they can accept more current, while eliminating the risk of a fire breaking out and even mitigating battery degradation. Part of the success is the implementation of new anode materials, but these are all the details experts will lay out for now.

The car, based on a Lotus Elise, has a 35kWh battery pack and a range of 250 kilometers. However, the testing wasn't smooth sailing.

Nyobolt’s co-founder Dr Sai Shivareddy said that a misfire in the car's cooling system determined the complete charging time to surpass the 6-minute target.

While this might be a slight disappointment for the team, it is still a massive feat for the industry, which is still plagued by concerns such as low range and long charging times, compared to traditional vehicles.

Nyobolt's team said that the vehicle could enter limited production starting next year, but they will remain focused on continuing the development of the battery tech inside, rather than full EVs.