Automundo China

BYDDY takes the lead in the charging game, with its new EV tech promising 400 km of range with just five minutes of charging.

Chinese carmaker’s second shock announcement of the year could put others out of business, say analysts

BYD Seal 06 DM-i wagon is a 4.85-meter family driver that can enter European markets. It has an e-motor for 215 hp and EV range of 83 km.

Chinese electric car vendor BYD announced new battery technology that lets it charge HAN EV cars with 400 km of range in just 5 minutes.

Beijing has reportedly put on hold the approval for BYD to set up a manufacturing plant in Mexico amid fear of key technology leakage to US.

Stocks gained on Wednesday ahead of the Federal Reserve’s interest rate announcement at 2 p.m., which will be followed by Fed Chair Jerome Powell’s news conference at 2:30 p.m. Futures tied to the S&P 500, the Nasdaq 100 and the Dow Jones Industrial Average all rose slightly premarket.

BYD's new EV platform can charge at 1,000 kW, double Tesla's 500 kW.

The evidence is mounting that China’s EVs aren’t just more affordable; they’re also superior in performance.

China has not only emerged as a major threat to VW and Mercedes, the German chemicals and engineering sectors are also facing an onslaught from Chinese rivals.