Chinese firm BYD says it will build 2,000 5-minute fast charger stations across Europe in 2026; at 1.5mW each, they will be 5 times more powerful than most existing chargers.

*"In China, BYD is currently building 4,000 1.5mW charging stations across the country, with plans to roll out 20,000 by the end of this year.* *Although not quite as ambitious, a BYD spokesperson for the European side of the business told me that the company is targeting 2,000 1.5mW Flash Charging stations across Europe before 2026 comes to a close."* I'm fascinated by the economics of this. How does BYD make money on this? Do they run the chargers at a profit? How much will this work out per km for drivers compared to diesel or gasoline? People think of BYD as a budget car marker, but this to support its luxury brand Denza. The Denza Z9 GT EV has a range of 1,036 km (644 miles) on these chargers. I'm guessing having the best charagers is going to be seen as premium/luxury too. 'Ready in 5, full in 9' — this Chinese EV charges to 70% in only 5 minutes, has a 644-mile range, and it's coming to Europe in April