A smartphone battery that can be fully charged in just five minutes could be available to customers next year, according to the chief executive of the company behind the technology.

Speaking to the BBC, StoreDot chief executive Doron Myersdorf said that the battery is expected to enter production in early 2018.

It follows the company first revealing the technology in 2015 at the Consumer Electronics Show (CES) show in Las Vegas. Then, it was announced that the battery would contain specially synthesised organic molecules.

The battery cannot be retrofitted to existing smartphones, since most would not cope with the huge electricity supply delivered by the charger. However, StoreDot has had a number of meetings of with device manufacturers, although Mr Myersdorf said he was unable to say which companies had signed up to incorporate the technology.

In 2015, some versions of the battery were far thicker than most smartphone batteries, but the company insists it is now ready to go to market.

According to Mr Myersdorf, the battery is currently in pilot production with two separate battery manufacturers based in Asia.

The phone battery is not the only new technology StoreDot have been working on. At the Cube Tech Fair in Berlin, the company unveiled an electric car battery that also charges in just five minutes. StoreDot said that the charge would allow the vehicle to drive up to 300 miles.

Mr Myersdorf said that the company did not have any contracts for this technology yet, but added that it was working with car manufacturers to develop the battery, which would “take another three years or so to be on the road”.

To put that into perspective, electric vehicle manufacturer Tesla has said its own technology could fully charge a battery in 75 minutes.

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