BYD unveils 1,000-volt EV platform, plans 4,000 charging stations

BYD has introduced a groundbreaking 1,000-volt electric vehicle platform that can charge vehicles as quickly as traditional gas refueling, enabling a range of 400 kilometers in just five minutes. At a live-streamed event, founder Wang Chuanfu announced plans to establish over 4,000 ultra-fast charging stations across China to support this technology. The new charging system, called the Megawatt Flash Charger, is capable of delivering peak charging speeds of 1,000 kilowatts, making it the most powerful passenger car charger in the industry. BYD's advancements come as the company continues to rival Tesla in the global electric vehicle market, with its quarterly revenue surpassing Tesla's for the first time last year. While specifics about the rollout timeline and funding for the charging stations remain unclear, analysts view this development as a significant step forward in electric vehicle technology. Overall, BYD aims to elevate the appeal of electric vehicles by addressing common consumer concerns about charging times.