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China's BYD Claims 5-Minute EV Battery Charging Gives 250 Miles of Range [CNET News]

Tesla, Inc. (TSLA) More Company Research Source: CNET News

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US:NASDAQ Investor Relations: ir.tesla.com

The potential battery breakthrough was announced on a livestream by the company's CEO Wang Chuanfu and sent the company's stock soaring . The charging technology would appear to provide fuel-ups at twice the speed that Tesla currently offers at its Supercharger stations. BYD says it plans to deploy the charging-infrastructure technology in China. The batteries that can charge that quickly will initially be built into two new vehicles from the company, a sedan and an SUV. The company didn't say how soon it would build that infrastructure or when those vehicles might be available. BYD didn't immediately respond to a request for comment about the technology. [Read more]

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