Posted on 03/19/2025 6:57:56 AM PDT by SeekAndFind
BYD (BYDDF, Financials) introduced a new electric vehicle platform reportedly capable of reaching charging speeds of up to 1,000 kilowatts, twice the capacity of Tesla's (TSLA, Financials) latest 500 kW superchargers. Shares rose as much as 6.0% to a record HK$408.80 ($52.61) early Tuesday before paring gains to 3.2%.
The breakthrough represents a turning point in the EV sector as it lets cars go 400 kilometers (249 miles) after a five-minute charge.
Addressing a major issue among EV buyers, the Chinese automaker's "super e-platform" seeks to lower charging time to levels similar to gasoline filling. Han L sedan and Tang L SUV will be the first to adopt the technology, starting at 270,000 yuan ($37,328.91).
With projections of 56 million sales in 2025 and 4.2 million cars delivered in 2024, BYD intends to introduce 4,000 ultra-fast charging stations all throughout China.
The action coincides with rising Chinese automakers investing in charging infrastructure. Up until recently, BYD owners had depended on outside charging stations run by rivals.Since 2014, Tesla has set up superchargers in China, therefore establishing early presence in the market. High-speed charging networks are becoming more and more important as competition rises in order to hasten EV acceptance.
(Excerpt) Read more at finance.yahoo.com ...
“Is that an example of the “expert” opinion you use to formulate your opinions?”
The post was obvious humor. Your bias is preventing you from reacting logically.
“Not with city/highway driving.”
Yes, I do. You really shouldn’t make such claims.
“Get beyond the niche market for EVs and we’ll know the truth. “
Niche?
The best selling vehicle in the world is an EV.
The #4 best selling vehicle in the US is an EV.
“Yes, I do. You really shouldn’t make such claims.”
OK, you do. And I get 33 mpg in the city in my 750 hp Roush.
Not yet
“Not yet”
Yes, already
“Then fight that and stop posting stupid comments about EVs.”
Feisty, aren’t we? LOL.
Nope.
It's estimated that the Chinese government has given BYD anywhere from $25 Billion to $50 Billion in financing and support. Chinese citizens are very proud of BYD and fully expect BYD to eventually dominate the global auto market. In contrast, the Democrat Party is torching the American company Tesla's dealerships and vandalizing and smashing their fellow Americans' Tesla vehicles across the country, thus influencing and inspiring intense anti-Tesla & anti-Musk sentiment throughout the world.
That's a big difference between the two nations. Seems Communist China is more proud of its corporations and its workers than is the constitutional democratic republic United States. (But I could be totally wrong about that.)
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