What is EV maker BYD and can its batteries really charge in five minutes?

The Chinese carmaker’s shares have jumped as investors speculated it could outdo Elon Musk’s Tesla

BYD says new charging system could be as quick as filling up a tank

The leading Chinese electric carmaker BYD has soared in value after it said its latest batteries charge fast enough to add 400km (249 miles) of range in only five minutes.

BYD’s Hong Kong-listed shares gained 4.1% on Tuesday to hit a record high of 408.80 Hong Kong dollars ($40.58), as investors bet that the company could strengthen its already commanding market position.

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Chinese EV maker BYD says new fast-charging system could be as quick as filling up a tank

BYD reveals new platform with charging speeds of 1,000 kW, which would be twice as fast as Tesla’s superchargers. Chinese electric vehicle (EV) maker BYD has unveiled a new charging system that it ...
The Guardian - 16h
BYD shares rise as Chinese EV maker unveils 5-minute charge

Shares of BYD, the world’s largest electric-vehicle maker by deliveries, rose on Tuesday after the Chinese company said it’s rolling out a system that will recharge a vehicle in about the same time ...
MarketWatch - 10h
BYD shares hit record high on 5-minute EV charging claims

Chinese electric vehicle maker says new models can compete with refuelling times for petrol cars
Financial Times - 13h
BYD's shares rally after rolling out new technology it claims charges EVs in five minutes

BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate than what rivals offer.
CNBC - 9h
China EV maker BYD says new cars can be charged in 5 minutes

New flash-charging system can power cars for 250 miles in close to the same time it takes to refuel a gas tank.
CBS News - 4h
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