Reported about 24 hours ago
BYD Co. saw its shares reach a record high following the announcement of their new electric vehicle technology that allows for charging in just five minutes, providing nearly 400 kilometers of range. This innovation aims to attract consumers hesitant about switching from traditional gas cars to electric vehicles. The company plans to start selling these vehicles next month and is also investing in over 4,000 charging stations across China. As a result, BYD is emerging as a strong competitor in the electric vehicle market, challenging industry leader Tesla.
Source: YAHOO