StoreDot made headlines when it unveiled its prototype instant phone battery charger at last year’s Microsoft ThinkNext exhibition in Tel Aviv. The FlashBattery/FlashCharger unit could be available on smartphones by the end of this year.

In another bombshell, the Israeli company announced at yesterday’s 2015 ThinkNext that it intends to demonstrate its five-minute ultra-fast-charge car battery at this time next year.

This groundbreaking technology would enable drivers to charge their car batteries in less time than StoreDot needs to explain how it works.

StoreDot specializes in cost-effective, environmentally friendly nanotechnologies using organic materials that increase electrode capacitance and electrolyte performance. This is the recipe for making batteries that can be fully charged in minutes rather than hours.

While competitors in the electric-vehicle space seek to increase mileage per battery charge, StoreDot is focusing on dramatically reducing charging time.

“This is part of our larger initiative to commercialize a proprietary game-changing technology of fast-charging batteries that would transform the lives of smartphone users as well as drivers,” said StoreDot CEO Doron Myersdorf.

The privately owned StoreDot, incorporated in Israel in 2012, also announced the opening of its new facility in Herzliya, housing an organic chemistry lab, battery material development lab and R&D battery production line.