"In China, BYD is currently building 4,000 1.5MW charging stations across the country, with plans to roll out 20,000 by the end of this year.
Although not quite as ambitious, a BYD spokesperson for the European side of the business told me that the company is targeting 2,000 1.5mW Flash Charging stations across Europe before 2026 comes to a close."
I'm fascinated by the economics of this. How does BYD make money on this? Do they run the chargers at a profit? How much will this work out per km for drivers compared to diesel or gasoline?
People think of BYD as a budget car marker, but this to support its luxury brand Denza. The Denza Z9 GT EV has a range of 1,036 km (644 miles) on these chargers. I'm guessing having the best charagers is going to be seen as premium/luxury too.
'Ready in 5, full in 9' — this Chinese EV charges to 70% in only 5 minutes, has a 644-mile range, and it's coming to Europe in April
Or the batteries are getting bigger (which they do). But in this scenario there won’t be a business and money to earn. Many people would fuel their car with cheap solar power produced by theirselves.