BYD Launches 1,000kW Fast Charging, Plans 4,000 Stations

BYD, China's largest electric vehicle manufacturer, has unveiled a groundbreaking fast-charging system capable of delivering 1,000 kW, allowing vehicles to gain 400 km of range in just five minutes. This technology, introduced during a live-streamed event, aims to alleviate 'charging anxiety' and make EV charging as quick as refueling a petrol car. Initially, the new 'Super e-Platform' will be available in BYD's Han L sedan and Tang L SUV, both priced from 270,000 yuan (approximately $37,330). In conjunction with this launch, BYD plans to build over 4,000 ultra-fast charging stations across China to support the new technology. The announcement has intensified competition with Tesla, whose shares have recently struggled, dropping significantly amid concerns over sales targets and market valuation. Analysts suggest that BYD's advancements may further drive demand for its EVs as the industry continues to evolve.