BYD Unveils Revolutionary EV Charging: 249 Miles in Just Five Minutes
Read the full story on Modern Car Collector
BYD, China's leading electric vehicle manufacturer, announced a groundbreaking advancement in EV charging technology that could dramatically shift the industry. During a recent event, BYD CEO Wang Chuanfu introduced the company's latest innovation, the "Super e-Platform," a charging system capable of adding 249 miles (400 kilometers) of driving range in just five minutes—nearly matching the convenience of refueling traditional gasoline vehicles.
The new system, capable of delivering charging speeds up to 1,000 kilowatts (1 megawatt), effectively doubles the anticipated maximum 500kW charging rate of Tesla's upcoming fourth-generation Superchargers. BYD's technology leap could significantly reduce the longstanding issue of "range anxiety," a primary hurdle for widespread EV adoption.
"In order to completely solve our users' charging anxiety, we have pursued the goal of matching electric vehicle charging times with the refueling speed of petrol-powered cars," Wang said at the launch event. BYD hopes this achievement will entice more drivers to transition from internal combustion engine vehicles to electric vehicles, accelerating the global shift towards sustainable transportation.
BYD also disclosed ambitious plans to bolster China's EV charging infrastructure, committing to constructing 4,000 new ultra-fast charging stations across the country. These new chargers will initially support BYD's latest models, the Han L sedan and Tang L SUV, priced starting around $37,000. However, the brand has not yet announced plans for U.S. availability.
Following the announcement, investor enthusiasm surged, lifting BYD's stock price by over 6% in Hong Kong trading, reaching a new annual peak. The boost pushed BYD's market valuation to approximately $162 billion, surpassing the combined market capitalization of automotive giants Ford, General Motors, and Volkswagen AG. While still trailing industry leader Tesla, valued above $700 billion, BYD's recent strides signal its increasing competitiveness and potential global impact on the electric vehicle market.
Follow us on Facebook and Twitter
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
an hour ago
- New York Post
Donald Trump responds to Elon Musk's late-night apology after ugly public feud
WASHINGTON — President Trump is feeling good about Elon Musk's apology after the former 'first buddy' admitted late Tuesday he had gone 'too far' in his personal attacks on the commander-in-chief. 'I thought it was very nice that he did that,' the president told The Post in a brief phone conversation Wednesday morning, but didn't say whether he was willing to let bygones be bygones with the Tesla and SpaceX CEO. 3 Musk, 53, went off on Trump in a series of social media messages this past Thursday, at one point claiming the Republican would not have won the 2024 election without his help and suggesting the president was responsible for preventing the release of files on convicted pedophile Jeffrey Epstein due to his past association with the late financier. 'I regret some of my posts about President @realDonaldTrump last week. They went too far,' Musk wrote late Tuesday after previously deleting his post about the Epstein files. Efforts have been made by Trump's allies to ease tensions between the two men. On Friday, Vice President JD Vance and White House chief of staff Susie Wiles held a phone call with Musk to talk about his relationship with Trump, according to a source familiar with the conversation. The Post could not independently confirm other reports that Musk reached out to Trump personally on Monday. The president has expressed openness to potentially burying the hatchet with Musk — who he accused last week of having 'Trump Derangement Syndrome' and being bitter about both leaving his special government employee position and the House GOP removing electric vehicle tax incentives from the One Big Beautiful Bill Act. 3 Trump told CNN on Friday that Musk was 'crazy' — and threatened on Truth Social to look into revoking his company's federal government contracts. But the president also told The Post on Friday that 'nothing surprises him' — not even his onetime ally turning against him. Trump told Post columnist Miranda Devine Monday that he doesn't 'blame' Musk for the blow-up that started with the former Department of Government Efficiency (DOGE) figure's criticisms of the Big Beautiful Bill — but maintained that he's 'a little disappointed.' 'Look, I have no hard feelings,' Trump said. 'I was really surprised that that happened. He went after a bill that's phenomenal. …He just — I think he feels very badly that he said that, actually.' When asked whether he would ever go back to a regular relationship with Musk, Trump told Devine's 'Pod Force One' podcast: 'I guess I could, but we have to straighten out the country.' 'And my sole function now is getting this country back to a level higher than it's ever been. And I think we can do that.'
CNBC
2 hours ago
- CNBC
High demand for more localized AI options, says ServiceNow CTO
Pat Casey, Co-Founder and CTO of ServiceNow, discusses the company's latest launch in Singapore, the ServiceNow Protected Platform. He dives deeper into how the Singapore's secure, regulatory-compliant sovereign AI platform is designed to accelerate AI innovation in the city state.
Yahoo
3 hours ago
- Yahoo
Tesla Robotaxis 'Tentatively' Set to Launch End of June, Elon Musk Says
Tesla Robotaxis 'Tentatively' Set to Launch End of June, Elon Musk Says originally appeared on L.A. Mag. Tesla CEO Elon Musk announced that the Tesla robotaxi service is set to 'tentatively' launch in Austin, Texas on June 22 in an X post Tuesday. He said the company plans to begin offering rides to the public on the self-driving robotaxis this month, followed by the first Tesla that will drive straight from a factory to a customer's home starting June also reposted a video of the Tesla Model Y robotaxi driving without someone in the driver's seat. The word 'Robotaxi' appears painted in a graffiti-style white paint on the side of a black SUV in the video. Tesla will begin with 10 to 20 robotaxis with a version of the company's 'Full Self-Driving' technology, according to an interview with Musk from CNBC. While these tests are using the company's Model Y, Tesla aims to create CyberCabs next year. If the launch is successful, Musk said he hopes to expand the service to more cities with thousands of vehicles, according to CNBC's autonomous vehicles are expected to join other self-driving taxi services, such as those from Waymo, on the road soon. The Texas legislation has not placed strict regulations for autonomous vehicles. The city of Austin works with autonomous vehicle companies to help the vehicles operate more safely, according to Austin's Transportation and Public indicated that he will be flying from Los Angeles to Austin on his X account. He also wrote that the launch date could change. 'We are being super paranoid about safety, so the date could shift,' Musk wrote in an X post. This story was originally reported by L.A. Mag on Jun 11, 2025, where it first appeared.
