
BANGKOK (AP) — China’s energy and auto giant BYD has announced a super fast EV charging system that it says is nearly as quick as a fill up at the pumps. BYD said its flash-chargers can provide a full charge for its latest EVs within five to eight minutes. Charging times and limited ranges have been a major factor constraining the switch from gas and diesel vehicles to EVs. BYD says it will roll out its new charging system across China. The news gave Tesla a jolt on Monday, as its share price sank 4.8%. BYD, which stands for build your dreams, began pre-sales of its Han L and Tang L models, which are upgraded versions of earlier models.
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