If so, that breakthrough could increase electric vehicle sales

Range anxiety has been one of the primary reasons consumers have been slow to embrace electric vehicles, but if claims by a Chinese company are true, EVs may have taken a big step forward.
EV firm BYD has introduced its Super e-Platform technology, which it said can reach charging speeds so fast that it can produce nearly 250 miles of range in about five minutes. Thats about how long it takes to fill a vehicles gasoline tank.
The ultimate solution is to make charging as quick as refueling a gasoline car, Wang Chuanfu, chairman and president of BYD, said in a press release.
Currently, Teslas superchargers offer a charging rate of up to 500 kilowatts, translatinginto around 168 miles of range in about 15 minutes.
BYD said it plans to build more than 4,000 ultra-fast chargers in China using the new technology but did not say when the project would begin.
Though the companys claims have not been independently verified, investors appear to take them at face value. BYDs Hong Kong-listed stock rallied nearly 6% on the announcement.
Sign up below for The Daily Consumer, our newsletter on the latest consumer news, including recalls, scams, lawsuits and more.
Posted: 2025-03-18 11:30:57