Energy News
CAR TECH
China EV giant BYD soars after 5-minute charging platform unveiled
China EV giant BYD soars after 5-minute charging platform unveiled
by AFP Staff Writers
Beijing (AFP) Mar 18, 2025

Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car.

The company said the battery and charging system, called "Super e-Platform", boasted peak speeds of 1,000 kW, allowing cars to travel up to 470 kilometres (292 miles) after being plugged in for just five minutes.

The new technology aims to "fundamentally solve users' charging anxiety", according to BYD founder Wang Chuanfu.

"Our pursuit is to make the charging time of electric vehicles as short as the refuelling time of fuel vehicles," he said at Monday evening's launch.

Hong Kong-listed shares in BYD jumped more than six percent to hit a fresh peak at one point Tuesday morning before paring some of the gains.

The announcement positions BYD ahead of arch-rival Tesla, whose Superchargers currently offer charging speeds of 500 kW.

BYD introduced the Super e-Platform alongside two new EV models that will be the first to feature the system: the Han L sedan and the Tang L SUV.

The Shenzhen-based company also unveiled plans to build more than 4,000 ultra-fast charging stations nationwide to support the new technology.

The ambitious expansion comes on the heels of remarkable growth, with February sales soaring 161 percent to more than 318,000 electric vehicles.

Meanwhile, Tesla experienced a steep 49 percent sales decline in the Chinese market during the same period.

Separately, on Tuesday, Chinese EV maker Nio said it had signed a deal with battery giant CATL involving cooperation on a passenger car battery swap network.

Battery swapping offers an alternative to ultra-fast charging for vehicle owners worried about range, though the vast infrastructure required and standardisation issues present major hurdles.

The new cooperation will see CATL invest a maximum of 2.5 billion yuan ($346 million) in Nio's battery swap network.

Related Links
Car Technology at SpaceMart.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CAR TECH
BMW warns on tariffs, China as 2024 profits plunge
Berlin (AFP) Mar 14, 2025
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. For 2024, the group's net profit fell 37 percent to 7.7 billion euros ($8.3 billion) while revenues were down over eight percent to 142.4 billion euros. The Munich-headquartered group joins other German automakers in reporting sharply lower profits amid a choppy transition to electric vehicles and slowing demand in key market China ... read more

CAR TECH
UK energy minister in Beijing seeks to press China on emissions

'More and faster': UN calls to shrink buildings' carbon footprint

Peruvian farmer demands 'climate justice' from German energy giant

Sweden risks missing carbon neutrality goals: OECD

CAR TECH
Chinese battery behemoth CATL posts jump in annual profit

The quest for room-temperature superconductors

Top locations for ocean energy production worldwide revealed

CATALYST Unveils INSIGHTS Vegetation Management to Strengthen Utility Grid Reliability

CAR TECH
Engineers' new design of offshore energy system clears key hurdle

Student refines 100-year-old math problem, expanding wind energy possibilities

Berlin says offshore Chinese wind farm may pose security risk

Green energy projects adding to Sami people's climate woes: Amnesty

CAR TECH
Identifying Key Organic-Inorganic Interaction Sites for Enhanced Emission in Hybrid Perovskites via Pressure Engineering

Groundbreaking Discovery Links Small Polaron Effect to Enhanced Spin Lifetime in 2D Lead Halide Perovskites

Cheap and environmentally friendly - the next generation LEDs may soon be here

Making solar projects cheaper and faster with portable factories

CAR TECH
Japan begins its first dismantling of a commercial nuclear reactor

Highly radioactive nuclear waste - how to keep it from oblivion

UN atomic chief visits uranium-mining Niger

Google, Amazon, Meta join back tripling of global nuclear power by 2050

CAR TECH
Eco friendly low-cost energy storage system from pine biomass

Why Expanding the Search for Climate-Friendly Microalgae is Essential

Solar-powered reactor extracts CO2 from air to produce sustainable fuel

Zero Emissions Process for Truly Biodegradable Plastics Developed

CAR TECH
Trump says Iran 'will be held responsible' for Huthi attacks

U.S. officials act to block illicit Iranian oil trade with China

BP says gas leak stopped off coast of Senegal, Mauritania

China urges 'dialogue' after Yemen rebels say attacked US carrier

CAR TECH
Doubts over climate funding as donors squeeze aid

Spain near end of four-year drought: weather agency

US 'vital' for forecasting global weather extremes: UN

UK court cuts longest jail terms on activists, rejects 10 appeals

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.