BYD Unveils Groundbreaking One-Megawatt Electric Vehicle Charger

Chinese company BYD has **unveiled** a one-megawatt charging station for electric vehicles, which is currently compatible with only two of its models.

In a demonstration video, the company **showcased** the charging process of the updated BYD Han EV. The vehicle was connected to the station when its dashboard indicated a battery charge of just 5%. Remarkably, in just five minutes, the station charged the battery to 63%, increasing the driving range from 35 to 442 kilometers.

Journalists from Bloomberg assert that BYD leads other automakers in electric vehicle charging speed:

**Company**

**Charging Speed (km/min)**

**Claimed**

BYD

80

400 km in 5 min

Li Auto

42

500 km in 12 min

Mercedes-Benz

33

325 km in 10 min

Tesla

18

275 km in 15 min

In the near future, BYD plans to install 4,000 fast charging stations across China. It is also noteworthy that this technology currently only functions with the upgraded Han EV and Tang EV models, with plans for broader compatibility in other electric vehicles from the company soon.

Following the announcement of the fast charging station, BYD’s stock rose by 6%, increasing its market capitalization to $162 billion. This figure surpasses the combined market value of Ford Motor, General Motors, and Volkswagen AG. Amid BYD’s successes in China, Tesla has seen a significant decline in sales, with a 49% drop in deliveries of American electric vehicles in February 2025 compared to the same month in 2022.