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BYD Launches System That Charges EV Batteries in 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.
BANGKOK — 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. Ultra-high voltage and a large current are required to maximize charging speeds, BYD's founder Wang Chuanfu said in a statement. In early January, Tesla said its sales dropped in 2024, a first in more than a dozen years, as rivals such as BMW, Volkswagen and BYD gained market shares with competitive EVs.
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