Etiqueta: Battery

BYD unveiled a new battery and charging system that can charge almost as fast as it takes to refuel a regular car. Tesla's Chinese rival will start selling vehicles with the new technology next month. The stock climbed as much as 6% at the open of trading in Hong Kong Tuesday, lifting its market value to almost $162 billion — more than Ford Motor, General Motors and Volkswagen combined. Danny Lee reports. (Source: Bloomberg)

The new battery and charger platform from the world’s biggest EV maker operates at 1 megawatt, twice the power of Tesla’s fastest offering.

Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car. "Our pursuit is to make the charging time of electric vehicles as short as the refuelling time of fuel vehicles," he said at Monday evening's launch.

BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate than what rivals offer.

BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate than what rivals offer.

BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate than what rivals offer.

(Bloomberg) -- BYD Co. shares jumped to an intra-day record after unveiling a line-up of electric vehicles supported by ultra fast-charging that the Chinese automaker says will allow them to charge almost as fast as it takes to refuel a regular car.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plan

BYD is out in front and pulling away from the electric car competition in China with new ultra fast charging and advanced technology.

China’s BYD introduces superfast 5-minute EV charging, challenging Tesla as its stock faces steep declines.

Cars could travel nearly 250 miles after being charged, according to BYD, a global rival to Tesla.