ELECTRIC VEHICLES

There are a number of distinct issues that limit the reach of rechargeable batteries — slow charging times, high cost, limited battery lifetime, and safety issues. Ultracharge (ASX:UTR) may have the solution.

UltraCharge Limited (ASX:UTR) is an Israel-based battery technology company that has the potential to revolutionise the market for lithium batteries by producing a battery that is safe, has a longer lifetime and is fast charging.