BYD launches new generation Blade Battery with rapid charging in cold environments [Yahoo! Finance Canada]
BYD CO LTD UNSP/ADR (BYDDY)
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Source: Yahoo! Finance Canada
The launch comes as the electric vehicle maker seeks to regain momentum in an increasingly competitive domestic market after a recent sales ?downturn. The new ?Blade Battery can be charged from 20% to 97% in less than ?12 minutes in temperatures as low as minus 20 degrees Celsius, enabling a driving range ?of 777 ?kilometres (483 miles), Wang ?told an event from ?the company's headquarters in Shenzhen. The batteries also are designed with higher energy density enabling a driving range of more than 1,000 km for BYD's luxury Denza Z9GT and Yangwang ?U7 models, Wang said, adding ?the batteries had also ?passed safety tests ?exceeding China's new national standards. BYD also ?aims to expand its "Flash ?Charging" network ?to 20,000 stations by the end of 2026, including 2,000 on highways. The company ?had built ?more than 4,000 stations as of March ?5. (Reporting by Beijing and Shanghai Newsrooms; ?Editing by Louise Heavens)
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