BYD to install thousands of 5-minute EV chargers across Europe

Chinese EV colossus BYD has announced plans to speed up its conquest of the European auto market with the rollout of superfast Flash Chargers across the continent. BYD has already installed the first new chargers in Germany and the UK, and plans to roll out 3,000 across Europe by the end of next year. At an estimated cost of €580,000 (about $670,000) per charger according to the Financial Times , that would mean a total spend of roughly $2 billion to install the network. The 1,500kW charging stations are significantly more powerful than Tesla's 500kW V4 Superchargers , though Tesla already has 20,000 chargers installed in Europe. BYD, which h … Read the full story at The Verge.