Overview
- BYD, which detailed the push Friday at the Beijing Auto Show, plans about 20,000 fast‑charging stations in China and 6,000 overseas within 12 months to back its new “flash” system.
- BYD says its latest battery charges from 20% to 97% in under 12 minutes even at minus 20°C and delivers up to 777 kilometres of range.
- Domestic sales have fallen for seven straight months as a price war deepened, lifting average BYD discounts to a record 10% in March, according to China Auto Market data.
- Shares are down about 25% since late May 2025 after the company reported its first annual profit decline in four years and rivals like Geely and Leapmotor gained ground.
- Overseas expansion is accelerating with a 2026 target of about 1.5 million exports after surpassing 1 million last year, though rising tariffs in regions like the EU and Latin America could curb the pace.