China's BYD has unveiled a revolutionary electric vehicle (EV) charging system that can fully recharge an EV in just 5-8 minutes. The company plans to install over 4,000 charging stations across the country. BYD's 1-megawatt chargers can provide up to 400 kilometers of range in just five minutes, thanks to silicon carbide chips operating at voltages up to 1500 V.
In the past year, BYD has manufactured over 4.3 million energy vehicles, including 1.8 million electric vehicles (EVs) and 2.5 million hybrid vehicles. Tesla has incorporated BYD lithium-ion batteries in some of their EVs.