A Battery Startup Raised $330 Million on the Promise of Charging EVs in 5 Minutes—It Just Filed for Bankruptcy

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A Battery Startup Raised $330 Million on the Promise of Charging EVs in 5 Minutes—It Just Filed for Bankruptcy (www.inc.com)

https://archive.ph/BZw5r

The article almost has TDS about the whole thing, but this company has been around for 11 years. If they couldn't figure it out by now, they weren't going to.

https://archive.ph/BZw5r The article almost has TDS about the whole thing, but this company has been around for 11 years. If they couldn't figure it out by now, they weren't going to.

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[–] • 2 pts

(edited )

Baffling.

To “charge” a typical EV in 5 minutes, you’d need:

700–900 kW of power

1,000–2,000 amps depending on voltage

Cables the size of a python

Connectors that could double as arc‑welding equipment

A battery chemistry that can survive 12C charge rates without turning into a space heater

And that’s before you even get into grid requirements. A single 5‑minute charger would draw as much power as:

A small grocery store, or

A city block of homes, or

A locomotive

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[–] • 3 pts

They wanted to swap batteries. Title is clickbait.

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