New submitter chaosdivine69 writes: According to Scientists at Nanyang Technology University (NTU), they have developed ultra-fast charging batteries that can be recharged up to 70 per cent in only two minutes and have a 20-year lifespan (10,000 charges). The impact of this is potentially a game changer for a lot of industries reliant on lithium ion batteries. In the car industry, for example, consumers would save on costs for battery replacement and manufacturers would save on material construction (the researchers are using a nanotube structure of Titanium dioxide, which is an abundant, cheap, and safe material found in soil). Titanium dioxide is commonly used as a food additive or in sunscreen lotions to absorb harmful ultraviolet rays. It is believed that charging an electric car can be done in as little as 5 minutes, making it comparable to filling up a tank of gasoline.