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Nyobolt, a UK-based company, has developed a fast-charging battery technology that can charge from 10% to 80% in under five minutes at 350 kW, with plans to target the electric vehicle market by 2028-2029. The prototype, featuring a 35 kWh battery, significantly reduces electrical resistance, enabling rapid charging without extensive cooling systems. Eight unnamed automakers are currently considering the adoption of this innovative battery technology.