When "Equal Speed of Gasoline and Electricity" Becomes a Reality: BYD is All Geared Up!
In March, 2025, BYD unleashed the "MW Flash Charging" technology, a seismic innovation that sent shockwaves through in the NEV (NEV) industry.
This groundbreaking technology bridges the gap between EV charging and fuel refueling, which greatly alleviates consumers’ "charging anxiety".
A Technological Leap Redefining Energy Supply
BYD's "MW Flash Charging" is powered by a dual-drive system: the "Global Kilovolt High-Voltage Architecture" and "Lithium Ion Migration Acceleration", which breaks through the bottleneck of traditional charging efficiency.
BYD's global kilovolt high-voltage architecture elevates key vehicle systems—battery, motor, and electronic control—to a 1000V high-voltage platform. This advancement enables a charging voltage of 1000V, a current exceeding 1000A, and a charging power of 1 MW (1000kW). This technological breakthrough has improved the charging efficiency by 25% compared with the mainstream 800V platform, setting a new industry standard for rapid EV charging.
In terms of battery design, BYD employs artificial graphite cathodes with high specific surface areas and high-performance PEO electrolytes. These improvements optimize lithium ion migration, reduce battery internal resistance by 50%, and support an ultra-high 10C charging rate.
Thermal management has also seen a significant upgrad, and the traditional secondary heat exchange of coolant is replaced by the direct cooling/heating technology of coolant, which enhances heat dissipation efficiency and ensures the safety and longevity of the battery under high power charging.
In addition, BYD has developed a megawatt super-charged pile and energy storage system to solve the problem of power grid load and realize the collaborative breakthrough of charging network and battery technology.
Wang Chuanfu, chairman and president of BYD Group, emphasized at the press conference: "In order to completely solve the charging anxiety of users, the charging time of electric vehicles is as short as the refueling time of fuel vehicles."
" 5-minute charging for a 400-kilometer range", BYD's "MW Flash Charging" technology turns a once-fantastical concept into reality, directly improving the refueling efficiency of standard fuel vehicles, breaking consumers' anxiety about the battery life of electric vehicles, and accelerating the conversion of oil vehicle users to trams.
Compared with the 500kW power of Tesla V4 super-charged pile, BYD's "MW Flash Charging" technology increases the charging power to 1,000 kW, which marks the arrival of the "equal speed of oil and electricity" era , breaking down barriers to EV adoption and accelerating the shift from gasoline-powered to electric vehicles.
This technology not only strenthens BYD’s product competitiveness, but also sets a new benchmark for the whole new energy automobile industry. It spurs the industry's transition to 1000V architectures and drives innovation across the upstream and downstream industrial chains related to high-voltage fast-charging technology.
Impressive Performance Highlights BYD's Dominance
In 2024, BYD delivered an outstanding performance annual report. The giant achieved an operating income of about CNY 777.102 billion, a YoY increase of 29.02%. Net profit attributable to shareholders was CNY 40.254 billion, up 34% YoY , while non-recurring net profit stood at 36.983 billion yuan, a 29.94% year-on-year increase.
The automotive business, BYD's core segment, generated revenue of, a 27.70% year - on - year rise, with its gross profit margin climbing to 22.31%, a 1.29 - percentage - point increase.
This remarkable achievement can be attributed to BYD's continuous technological innovation, accurate product positioning and extensive market expansion in the field of NEVs.
According to the data of China Association of Automobile Manufacturers, in 2024, BYD's sales of NEVs surged by over 40% year - on - year, with its market share expanding to 33.2%, a 1.3 - percentage - point increase. The company claimed the top spot in Chinese auto enterprise sales, Chinese brand sales, and global new energy vehicle sales, underscoring its robust growth and market - leading position.
BYD's multi - brand strategy, encompassing BYD, Equation Leopard, Denza, and Yangwang, has been a key driver of success. This diversified portfolio precisely caters to the varied needs of consumers, propelling the group's sales to new heights.
Quality stems from technological strength. In 2024, BYD's R&D investment was about CNY 54.2 billion, up 35.68% year-on-year, and the accumulated R&D investment exceeded CNY 180 billion, ranking first in the world.
Technology and Performance Resonate to Achieve Benign Complementarity.
"MW flash charging" technology is an important embodiment of BYD's R&D achievements in the field of electric platforms, and its launch has further enhanced the product strength of BYD's NEVs.
After models like the Han L and Tang L were equipped with this technology, they attracted more consumers with their exceptional charging efficiency, directly driving sales growth and revenue in the automobile business. Moreover, technological innovation has enhanced BYD's brand influence, shaping a more prestigious brand image and further expanding its market share.
BYD's outstanding performance in 2024 provides a solid financial foundation for the R&D and promotion of technologies such as "MW Flash Charging". Adequate cash flow allows the company to increase investment in R&D, attract top talents, carry out cutting-edge technology research, and constantly improve the "MW Flash Charging" technology and related supporting infrastructure.
It is reported that BYD plans to build more than 4,000 "MW Flash Charging" stations across China, and its healthy financials offer robust support for this ambitious plan.
Looking Ahead
With the rapid growth of China’s NEV market, sales have jumped from 1 million units in 2018 to 10 million vehicles in 2023, and consumers' demand for charging efficiency has also become more pronounced.
The launch of BYD's "MW Flash Charging" technology meets the market demand, positioning the company to capitalize on emerging opportunities and further solidify its leading position in the industry.
In addition, this technology is set to drive upgrades across the entire new energy vehicle industry. Leveraging its vertical integration capabilities and industrial layout advantages, BYD can expand its business areas and create new profit streams through cooperation with upstream and downstream enterprises.
Furthermore, BYD's decision to share the "Megawatt Flash Charging" pile technology with the entire industry will help standardize industry practices, elevate the overall development level of the industry, and enhance BYD's voice and influence in the global market.
