Chinese automotive giant BYD has unveiled the world's most ambitious fast-charging infrastructure project, announcing plans to deploy 15,000 megawatt charging stations across China through strategic partnerships. The revolutionary "Megawatt Flash Charging" technology delivers unprecedented 1,000kW charging speeds, enabling electric vehicles to gain 400 kilometers of range in just five minutes – matching the convenience of traditional gasoline refueling.
BYD
The competition between Tesla and BYD dominated the EV landscape in 2024, showcasing contrasting strategies and results. While Tesla retained its lead in battery electric vehicles (BEVs), BYD achieved significant growth, driven by its dominance in plug-in hybrids (PHEVs) and strong performance in China. This article delves into the numbers, trends, and factors shaping the rivalry between these two market leaders.
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