BYD shares are roaring after the Tesla rival announced its 5-minute super fast chargers
As if Tesla execs didn’t have enough on their plates so far in 2025, one of their biggest rivals in the electric vehicle game just unveiled new charging tech that’s reportedly more than twice as fast as the Musk-owned company’s — or any other EV chargers’ — most powerful offering. BYD stock rallied more than 6% on the news, and is up ~75% in the last year. Tesla is modestly red again in premarket trading.
BYD energy
Per CNBC, the Chinese EV giant revealed that its new “Super e-Platform” tech will have peak charging speeds of 1,000 kilowatts and could provide ~250 miles of range in 5 minutes, and will be fitted in cars that are ready to hit the market next month. To put that into perspective, Tesla’s “Superchargers” allow EV owners to charge up to 200 miles in 15 minutes, while the new all-electric CLA from Mercedes-Benz can reach the same 200-mile mark in 10 minutes.
At the event where the game-changing chargers were revealed, CEO Wang Chuanfu explained that “The ultimate solution is to make charging as quick as refueling a gasoline car,” as range anxiety continues to worry some would-be and current EV owners. With plans to role out more than 4,000 super-fast ports equipped with the tech across China, BYD — in its home nation at least — is leading the charge.
After the rise, the ~$162 billion car-making company is now worth more than 4x Ford’s market cap.
BYD energy
Per CNBC, the Chinese EV giant revealed that its new “Super e-Platform” tech will have peak charging speeds of 1,000 kilowatts and could provide ~250 miles of range in 5 minutes, and will be fitted in cars that are ready to hit the market next month. To put that into perspective, Tesla’s “Superchargers” allow EV owners to charge up to 200 miles in 15 minutes, while the new all-electric CLA from Mercedes-Benz can reach the same 200-mile mark in 10 minutes.
At the event where the game-changing chargers were revealed, CEO Wang Chuanfu explained that “The ultimate solution is to make charging as quick as refueling a gasoline car,” as range anxiety continues to worry some would-be and current EV owners. With plans to role out more than 4,000 super-fast ports equipped with the tech across China, BYD — in its home nation at least — is leading the charge.
After the rise, the ~$162 billion car-making company is now worth more than 4x Ford’s market cap.
