A system and method for fast charging of a lithium-ion battery, including: continuously monitoring a state of charge (SOC) of the lithium-ion battery; during a normal mode of operation and upon detecting that the battery is at the predetermined low charge level, discontinuing the discharge; upon detecting that the battery is connected to a charger, providing charging rate of at least 4 C for at least part of charging; and upon detecting that the battery, while connected to the charger is at the predetermined high charge level, discontinue the charging, wherein the predetermined low charge level and the predetermined high charge level define a consumable capacity of the battery, wherein the consumable capacity is below 50% of the full capacity of the battery.