We’ve heard of fast-charging technologies for electric vehicles before, such as Tesla‘s Supercharger network that is able to provide up to 273 km of range in 30 minutes. But how about a battery that enables you to get up to 483 km in – wait for it – five minutes? That’s the kind of future nanotechnology startup StoreDot is promising with its new FlashBattery, which it showcased at the CUBE Tech Fair in Berlin last week.

Claimed to use a combination of gradient layers of nano materials and proprietary organic compounds, FlashBattery avoids graphite – commonly used in lithium-ion battery cells – that is unable to sustain the high currents required for fast charging. The company’s proprietary chemical compound is said to be inflammable and has a higher combustion temperature, reducing battery resistance considerably and improving safety.

StoreDot says that the battery is currently in advanced stages of development, and is expected to be fitted to production electric vehicles within the next three years. The company is now exploring options with strategic partners in the automotive industry to help boost its production process in Asia and reach mass production as soon as possible.

“Fast-charging is the critical missing link needed to make electric vehicles ubiquitous,” said co-founder and CEO Doron Myersdorf. “The currently available battery technology dictates long charging times which makes the EV form of transportation inadequate for the public at large.”