Less than two weeks after China's BYD unveiled game-changing EV charging technology capable of delivering 1,000 kW fast charges and adding 250 miles of range in just five minutes, BloombergNEF analysts published a note Wednesday titled "Five Things to Know About BYD's Five-Minute Charging."
BloombergNEF EV analyst Ash Wang told clients that BYD's 1,000 kW chargers are "as fast as filling a tank with gasoline at the pump, and could be a game changer for electric vehicle adoption."
Wang outlined five of the most critical things to know about the fast-charging advancement:
The rollout of BYD's 1,000 kW ultra-fast chargers could begin as soon as April—less than one week away—according to a report by CNEVPost. BYD's general brand and public relations manager confirmed that 4,000 of these chargers would be installed in the coming months.