A BYD Plus DM-I-Olectro vehicle will be exhibited on March 11, 2025 in an exhibition room in the Jing'an district Shanghai.
Hector Retamal | AFP | Getty pictures
The shares of China's BYD gathered on Tuesday after the company announced a new technology that claims that it can (EV) calculate almost as quickly as it is necessary to fill a petrol car.
BYDS listed stocks listed in Hong Kong, shortly after the open, rose openly by more than 6% and stood a new 52-week high. The share, in which around 3% was last traded higher, rose by over 44%.
BYDS Shenzen share price from BYD rose by 2%on Tuesday morning.
Shortly after BYD has unveiled a new “Super E platform” technology, which, according to information on top speeds of 1,000 kilowatts, will be able. The EV giant and Tesla According to rivals, cars that use the technology make it possible to reach 400 kilometers (approximately 249 miles) with only 5 minutes of load.
CNBC could not check these claims independently.
“The ultimate solution is to recharge your shop as quickly as a petrol car,” said Wang Chuanfu, Chairman and President of BYD, according to a press release at the start event.
The breakthrough seems to reduce the core of the range, one of the most important embroidery points that prevent consumers from switching to an eV. Range fear refers to fears that an electric car battery will no longer come on the market before the passenger reaches the goal.
Xing Lei, an independent car analyst in China, described the technological advances of the new BYD battery platform as “from this word” and as a “heartbreaking” development for its foreign competitors.
“Especially when the focus of everyone seems to turn to the Smartification, BYD comes back and says: No, no, we have not yet finished electrification,” said Lei in a LinkedIn post.
BYD said his Han-L limousine and the Tang L SUV both officially started the new “Super E platform” with both electric vehicles in China before the sale. The company added that it would build more than 4,000 ultra -fast loading piles or units throughout China to meet the new platform.
BYD has not yet specified how much it will spend on the construction of the new facilities, even when the ultra -fast loading posts are available for consumers.
According to the environmental defense fund, the average range for electric vehicles in the USA is almost 300 miles (or 483 kilometers).
Comments are closed.