Power Japan Plus has announced an innovative new battery that charges up to twenty times faster and lasts longer than high-end lithium ion batteries. The company boasts that electric vehicles with the ability to drive 300 miles (480 km) on a single charge may soon be a reality. The Ryden dual carbon new battery is cheaper, safer, and 100% recyclable, making it an attractive option that could bring high-performance electric cars to market more quickly.

“Power Japan Plus is a materials engineer for a new class of carbon material that balances economics, performance and sustainability in a world of constrained resources,” said Dou Kani, CEO of Power Japan Plus in a press release. “The Ryden dual carbon battery is the energy storage breakthrough needed to bring green technology like electric vehicles to mass market.”

The battery was developed in partnership with Kyushu University in Japan. The beauty of the battery is in its simplicity. The anode and the cathode of the battery are both made out of carbon with an organic electrolyte solution that allows for ion current to flow separately. This also does not require the use of any rare Earth metals or other rare metals, significantly cutting down on the price of each unit.

Thermal stability means that this battery will not heat up while in use or during charging, and removes the threat of thermal explosion and making for a safer battery. This also means that expensive cooling systems do not need to be used, also driving down the price. The battery is stable enough to be discharged completely without harming the longevity of the product. Currently, the Ryden battery is rated for 3,000 charge/discharge cycles before the function of the battery begins to diminish. To put that into perspective, current electric cars advertise 300-500 charge cycles before the owner needs to think about replacing the battery.

Eventually, Power Japan Plus hopes to expand this technology and create other batteries whose only active ingredient is organic carbon sourced from organically grown cotton. This will allow them to control the size of the carbon crystals, enhancing product performance.

The Ryden dual carbon battery will be on exhibit at the Electric Drive Transportation Association Conference & Annual Meeting on May 20 and 21. Production is set to begin soon, initially producing 500-5,000 batteries per month. The first batteries produced are slated to be used in satellites and medical devices, and will expand operations when the technology is licensed out for use in electric vehicles.