Naturally found in spherical shape, the team has found a way to transform the titanium dioxide into tiny nanotubes, which is a thousand times thinner than the diameter of a human hair. This speeds up the chemical reactions taking place in the new battery, allowing for superfast charging.

Associate Professor Chen Xiaodong from NTU's School of Materials Science and Engineering and his team will be applying for a Proof-of-Concept grant to build a large-scale battery prototype.

Chen expects that the new generation of fast-charging batteries will hit the market in the next two years.

It also has the potential to be a key solution in overcoming longstanding power issues related to electro-mobility, researchers said.

"Electric cars will be able to increase their range dramatically, with just five minutes of charging, which is on par with the time needed to pump petrol for current cars," added Chen.

"Equally important, we can now drastically cut down the toxic waste generated by disposed batteries, since our batteries last ten times longer than the current generation of lithium-ion batteries," said Chen.

The 10,000-cycle life of the new battery also means that drivers of electric vehicles would save on the cost of battery replacements, which could cost over $5,000 each.

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