Toshiba introduces a rechargable battery that can recharge to 90% in less than 5 min.

Toshiba Corporation today announced the commercial launch of the SCiB the Super Charge ion Battery a breakthrough rechargeable battery primarily targeting the industrial systems market.

The battery offers a long-life cycle of over 10 years, even under conditions of constant rapid charging. This is a truly innovative battery," said Mr. Toshiharu Watanabe, Corporate Vice President of Toshiba Corporation and Chief Executive Officer of Toshiba's Industrial Systems Company. "The excellent performance of the SCiB will assure its successful application in industrial systems and in the electronic vehicles markets as a new energy solution. In terms of environmental impacts, the SCiB offers a long life that will reduce waste."

Toshiba aims to make this high potential battery a mainstay of its industrial systems and automotive products businesses, with global sales of 100 billion yen targeted for fiscal year 2015. The first SCiB will be shipped from March 2008.
Via this Toshiba press-release.