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Enevate Rolls Out Super Fast Charging Technology For EVs

Irvine-based Enevate, a startup backed by Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures, and CEC Capital--says it has rolled out new technology which allows for extremely fast, 5 minute charging of electric vehicles (EVs). According to Enevate, its new fast charging technology allows EV batteries to be charged in 5 minutes for a driving range of up to 240 miles, based on its own lithium-ion (Li-ion) battery technology. Enevate said it is licensing its technology to battery and EV automotive manufacturers and suppliers. Enevate said that adoption of its technology can help break down barriers to electric vehicle adoption, particularly around long charge times and limited EV range.