Etiqueta: Tesla

BYD unveiled a groundbreaking EV battery that charges in just 5 minutes, adding 400 km of range, which challenges Tesla & reshapes EV market.

Indias Exponent Energy is set to unveil the worlds first 1.5MW ultra-fast charging system for EVs, progressively challenging Chinas BYD. While Exponent has successfully deployed 1MW charging systems within India, Tesla faces declining market share in China and challenges entering the Indian market.

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

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.

Futures point to higher open today ahead of Fed announcement this afternoon

Super E-Platform offers 400km of range from just five minutes of charging

BYD’s new battery and charging system, which it calls the Super e-Platform, could provide 470 km of range in 5 minutes in tests on its new Han L sedan