- BYD has teamed up with Teld and Star Charge to build 1-MW ultra-fast chargers.
- At the end of last month, BYD partnered with another two charger operators to jointly build 15,000 1-MW chargers.
BYD (HKG: 1211, OTCMKTS: BYDDY) has partnered with two of China's leading charger operators to accelerate the deployment of its charging infrastructure that can deliver power up to 1,000 kW, or 1 MW (megawatt).
The new energy vehicle (NEV) maker announced on June 16 that it has partnered with Teld and Star Charge to jointly promote the adoption of MW-level fast charging infrastructure in China, according to statements released by BYD late yesterday.
Teld, founded in 2014, has a research and development team of over 1,100 people and is China's largest public EV charger operator.
As of the end of May, Teld had 777,782 public chargers across 360 cities in China, according to data from the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).
Star Charge, also established in 2014, had 685,694 public chargers in China as of the end of May, second only to Teld.
BYD did not specify the number of collaborative charging stations to be built or the timeline for their development.
BYD announced on March 17 the launch of its ultra-fast charger supporting up to 1 MW charging power, claiming they can add 2 kilometers of range to an EV in 1 second or 400 kilometers in 5 minutes.
The company said at the time it planned to build over 4,000 such facilities but did not specify a timeline.
On May 31, BYD announced at the Shenzhen auto show that it had partnered with Xiaoju Charging and LongShine to jointly build 1-MW ultra-fast chargers.
BYD will collaborate with Xiaoju to build 10,000 1-MW chargers and with LongShine to build 5,000, according to the company's announcement at the time.
BYD launched the Han L EV and Tang L EV on April 9, which are the first models to support 1-MW peak charging power.
BYD's Tang family SUVs sold 19,012 units in May, while the Han family sedans sold 21,672 units in May, according to data from CnEVPost.
