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China’s BYD, JD.com sign agreement on EV fast-charging stations

China's BYD, JD.com sign agreement on EV fast-charging stations

BEIJING, March 13 – Chinese automaker BYD and e-commerce ‌giant JD.com on Friday ‌signed an agreement on fast-charging stations ​for electric vehicles, according to a statement released on BYD’s Chinese social media platform.

* ‌The two ⁠companies unveiled the first jointly developedfast-charging station ⁠in the city of Shenzhen. * The station featured a ​convenience store, ​coffee shop ​andretail space ‌run by JD.com. * The two companies will develop fast-charging stations thatcombine EV charging with retail and service offerings. * The ‌partnership is set ​to expand into ​site ​selection andbroader vehicle ecosystem ‌services. * JD.com’s office ​parks and ​logistics sites are expected tosupport future charger deployment and speed ​up ‌the buildout ofthe charging ​network.

(Reporting by Xiuhao Chen ​and Ryan Woo)