Electric Cars Are Getting A Major Boost
The Chinese company BYD is expanding its reach in Europe. The company’s vice president, Stella Li, says they plan to build a network of ultra-fast charging stations. This will help make electric cars more appealing to people who are concerned about running out of power on the road.
BYD is already making waves in China with its fast-charging technology. The company has announced plans to expand its network of charging stations, with over 19,000 stations planned. Some of these stations are already up and running, with 500 units in over 200 cities.
What This Means For Europe
In Europe, BYD is seeing a surge in sales, with a 10% increase every month. The company plans to build more production sites in Europe if sales continue to grow. Li says, “We will build in Europe to sell in Europe. We are thinking long-term. We are here to stay.”
The company plans to establish its network of ultra-fast charging stations within the next 12 months. This will help increase confidence in electric cars and make them a more viable option for people.
BYD’s fast-charging technology can charge cars in just five minutes. The company has already announced partnerships to expand its network of charging stations in China. With its expansion into Europe, BYD is poised to become a major player in the electric car market.
A New Era For Electric Cars
BYD’s investment in fast-charging technology is a significant step forward for the electric car industry. With more charging stations and faster charging times, electric cars are becoming a more practical option for people. As the company expands its reach in Europe, we can expect to see more electric cars on the road.
According to Li, BYD is committed to building a network of ultra-fast charging stations in Europe. This will help increase confidence in electric cars and make them a more viable option for people. With its fast-charging technology and expanding network of charging stations, BYD is poised to become a major player in the electric car market.