Hyperdrive
BYD Shares Jump to Record on Five-Minute EV Battery Charging
This article is for subscribers only.
BYD Co. shares jumped to a record after the Chinese automaker unveiled a lineup of electric vehicles that it says can charge almost as fast as it takes to refuel a regular car.
The automaker’s stock climbed as much as 6% at the open of trading in Hong Kong Tuesday, lifting its market value to almost $162 billion — more than Ford Motor Co., General Motors Co. and Volkswagen AG combined.