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This is the latest v3 charger and it is capable of fully charging four 18650's in under 3 hours and operates on both AC and 12V DC power. Intelligent circuitry ensures the batteries are charged all the way to their peak without risk of overcharging. This is hands down the best 4 x 18650 charger available on the international market and we highly recommend it against cheaper unsafe alternatives. The Soshine S1 Max has been fully tested and approved for the Australian market.