I haven't read up on fluid-flow tech yet, but one potential issue that comes to mind w.r.t. EVs is that you aren't refilling one large tank, but possibly hundreds of tiny ones. How do you make sure all those cells get emptied and filled? And what about hose routing, especially when it can be a challenge to get even the BMS wiring cleanly into an EV? Exchangeable electrolyte will likely take a significant rethinking of how batteries are done in EVs. But hey, if it works...
I also agree with an earlier comment that 5-minute charging is unlikely to be common anytime soon. To fully recharge my 10 kWh bike pack in 5 minutes, aside from needing a 12C charge rate battery, I need 120 kW of power. And that's for a small bike pack. Think of 2-8x that for a car, times 10-20 simultaneously for an average corner station, and you're looking at multi-megawatt industrial-level electrical service.
I too am not convinced of the fluid-flow tech. There are quite a few chicken/egg problems with it.
But I do think the 5-minute charge is not far away. I think something you need to consider is the duty cycle of people charging vs. not charging.
Just like at a gas station, not all the pumps are being used 100% of the time. You'll need on site energy storage, (batteries), that are being charged while the station is not in use and then dumping energy when an EV plugs in. This isn't any different than the hydrogen filling stations which are compressing the fuel and storing it while the station is not in use, or gasoline stations, except the tankers are the transport, not electric lines.
For your example a 120kW feed would be required if the station were being used 100% of the time, but that is unlikely and almost impossible as there is time between when somebody unplugs and the next one plugs in. On the other extreme, if the station is only used once an hour, a 10kW feed is enough, twice an hour, you could nearly get away with a 240VAC 19.2kW service.
The trick will be having enough storage on site to handle the traffic, but I think that will becoming more common and more affordable as these EV battery packs are retired from vehicles but still have enough useful life for grid storage applications.
Grid storage really is an important part of optimizing our electric grid. As it is now, electric service providers need to anticipate use, throttling up and down energy production according to historical values. If they overproduce energy, they need to dump it somewhere and it is wasted, or even worse can cause a power surge that damages electronics. Too little energy production and we get a black out. Grid storage will give the electric service providers that extra fudge factor and make the grid operate more efficiently.