Tesla beware: Rival BYD unveils ultra-fast chargers, giving its ADRs a jolt ...Middle East

Quartz - Economy
Tesla beware: Rival BYD unveils ultra-fast chargers, giving its ADRs a jolt
source : Quartz ( Middle East ) () 56

BYD’s (BYDDY) American depositary receipts jumped 2.6% after the EV maker unveiled a new charging system that it said will allow its cars to add enough charge in five minutes to travel 292 miles (47o kilometers), only slightly longer than it takes to refuel a gasoline-powered car.

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