From Financial Modeling Prep: 2025-03-18 05:37:17

Shares of China’s BYD Co (HK:1211) soared as the company unveiled its groundbreaking “super e-platform” with ultra-fast charging capabilities, reaching speeds of up to 1,000 kilowatts. Founder Wang Chuanfu emphasized the platform’s ability to add 400 km of range in just five minutes, boosting investor confidence.

BYD plans to deploy 4,000 ultra-fast charging units nationwide in China to support the new platform, solidifying its position in the EV market. Shares in Shenzhen hit 390 yuan, while Hong Kong-listed shares rose 5% to HK$404.60, showcasing BYD’s technological prowess and market appeal.

The company’s technological leap is set to enhance its competitiveness in the EV sector, attracting more consumers and investors. The surge in share prices reflects growing confidence in BYD’s strategy to lead the global shift towards electric vehicles, positioning it as a key player in the industry’s evolution.



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