Etiqueta: Report

BYD plans to raise its market share in Europe by building factories there while news of its latest technology might persuade doubting customers to embrace Chinese EVs.

The new Super e-Platform system can add 249 miles of range in just five minutes.

China’s auto giant announces an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps.

Chinese EV maker BYD (BYDDY, 1211.HK) has announced its latest charging systems that could reportedly charge its electric vehicles for 249 miles in driving range in just five minutes. The automaker plans to roll out vehicles with this feature next month. Brad Smith and Madison Mills report more on this and what this competition means for Tesla (TSLA). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

China’s energy and auto giant BYD has announced an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps. BYD, China's largest EV maker, said Monday that its flash-chargers can provide a full charge for its latest EVs within five to eight minutes, similar to the amount of time needed to fill a fuel tank. It plans to build more than 4,000 of the new charging stations across China.

BYD’s new EV platform will allow cars to reach 100km per hour in two seconds.

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