BYD shares surge after EV giant announces new fast-charging technology

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BYD shares surge after EV giant announces new fast-charging technology

A BYD Plus DM-i electric vehicle is seen on display at a showroom in the Jing’an district of Shanghai on March 11, 2025.

Hector Retamal | Afp | Getty Images

Shares of China’s BYD surged at Tuesday’s open in Hong Kong after the company announced a new technology that allows electric cars to be charged at a far faster rate.

The stock was last seen trading more than 6% higher at 9:35 a.m. local time.

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