Chinese car manufacturer BYD has been the first in the global market to reveal a commercial battery. electric vehicles This can charge in approximately the same duration it takes to refill a fuel tank.
BYD’s latest Super E-Platform provides charging speeds up to 1,000kW, making it four times faster compared to the 250kW charging rates typically seen. Tesla superchargers.
These velocities could provide a span of up to 400km (249 miles) with merely five minutes of charging.
At a live-streamed event held at the firm’s main offices in Shenzhen, China BYD stated that large-scale production of the new technology would "entirely address users' concerns about range limitations during travel."
The initial vehicles to incorporate the super-fast charging technology will be BYD’s newest Han L and Tang L editions, starting off as exclusive to the Chinese market.
The demand for electric vehicles in China has surged in recent years, with over 20 million battery-operated cars currently in use on the roads.
BYD has emerged as the top-selling brand in China, making up approximately one-third of electric vehicle (EV) sales within the nation. In the previous year, BYD surpassed Tesla to claim the title of the global leader in EV production, even though it holds a rather small market share in Europe and does not yet have a presence in the U.S.
According to data from the International Energy Agency (IEA), the worldwide increase in electric vehicle purchases has led to a decline in the demand for vehicles with internal combustion engines.
The figures showed that electric cars accounted for 18 percent of all newly purchased vehicles globally in 2023, an increase from 14 percent the previous year.
In the meantime, the sale of cars with internal combustion engines dropped by twenty-five percent, decreasing from 83.7 million units in 2018 to 62.8 million units in 2023. This indicates that worldwide sales of these polluting vehicles appear to have reached their peak.
BYD’s newest advancement is anticipated to keep boosting demand; however, the fast-charging system will necessitate specialized charging stations to ensure the quickest recharge times possible.
During the livestream, the company’s founder, Wang Chuanfu, stated that the starting price for the Han L and Tang L models could be approximately $40,000.
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