One of the world’s leading electric vehicle manufacturers, BYD, has introduced a groundbreaking charger that could redefine the EV charging experience. The new technology, currently slated for deployment in China before a global rollout, promises to add up to 249 miles of range to an electric vehicle in a mere five minutes.
This development marks a significant step forward in the race to make electric vehicles more convenient and accessible. The new charger boasts a power output of 1,000kW, doubling the capacity of Tesla’s Supercharger network.
According to BYD founder Wang Chuanfu, speaking at the company’s Shenzhen headquarters, “In order to completely solve our user’s charging anxiety, we have been pursuing a goal to make the charging time of electric vehicles as short as the refuelling time of petrol vehicles.”
The ultra-rapid would be superior to Tesla’s Supercharger which offers charging speeds of up to 500kW and acts as a direct competitor to Elon Musk’s brand.
Fast charging technology has been a key factor in boosting electric vehicle adoption worldwide. Concerns about charging times have often deterred prospective buyers from making the switch from gasoline-powered cars.
To achieve this unprecedented charging speed, BYD developed advanced battery technology, including a 10C charging multiplier. This means batteries can be charged at ten times their capacity per hour.
The new charging architecture will initially be implemented in two new EVs from BYD: the Han L sedan and the Tang L SUV. The automaker aims to build over 4,000 ultra-fast charging stations throughout China to support the new platform. The company has not yet disclosed a specific timeline or investment figures for the charging infrastructure.
The announcement has already made a positive impact, with BYD shares experiencing a sharp increase. Earlier this month, BYD revealed plans to expand its manufacturing capacity with new electric car factories in Europe, including facilities in Hungary and Turkey, with a combined annual production capacity of 500,000 vehicles.
BYD holds a significant share of the EV market in China, but its customers have often relied on third-party charging networks. This announcement signals a move by BYD to establish its own extensive fast-charging network, further solidifying its position in the global EV market.
Michael Dean of BI, had previously warned that BYD’s rise could signal the end of Tesla’s dominance of EVs.