We construct exact, time-dependent, black hole solutions of Einstein-Maxwell-dilaton theory with arbitrary dilaton coupling, . For this theory arises as the four-dimensional low-energy effective description of heterotic string theory. These solutions represent electrically charged, spherically symmetric black holes emitting or absorbing charged null fluids and generalize the Vaidya and Bonnor-Vaidya solutions of general relativity and of Einstein-Maxwell theory, respectively. The case stands out as special, in the sense that it is the only choice of the coupling that allows for a time-dependent dilaton field in this class of solutions. As a by-product, when we show that an electrically charged black hole in this theory can be overcharged by bombarding it with a stream of electrically charged null fluid, resulting in the formation of a naked singularity. This provides an example of cosmic censorship violation in an exact dynamical solution to low-energy effective string theory and in a case in which the total stress-energy tensor satisfies all energy conditions. When , our solutions necessarily have a time-independent scalar field and consequently cannot be overcharged.

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