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BYD: 11,586 Flash Charging Stations Built, Year-End Target 20,000
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On September 24, 2024, BYD (stock code 002594) responded to investor questions on an interactive platform regarding new energy vehicle charging infrastructure. The company stated that its flash charging network is a key initiative to improve user charging experience and support long-term business growth. As of September 24, BYD has cumulatively built 11,586 flash charging stations across 341 cities in China, including 2,000 stations on highways. The company reaffirmed its target to complete the construction of 20,000 flash charging stations nationwide by the end of 2024. The report is based on publicly available information compiled by Securities Star and is for reference only, not investment advice.
Source report
BYD Updates on New Energy Charging Network Progress
Shenzhen, September 24 — BYD (002594) responded to investor inquiries on the interactive platform regarding new energy vehicle charging infrastructure. The company stated that its flash charging network is a key strategic initiative to enhance user charging experience and support long-term business growth.
As of September 24, BYD has cumulatively built 11,586 flash charging stations across 341 cities, including 2,000 stations on highways. The company aims to complete the construction of 20,000 flash charging stations nationwide by the end of this year.
Original statement from BYD:
"The flash charging network is an important layout to improve users' charging experience and support long-term business development."
Term Explanation: New energy vehicle charging refers to the energy supply infrastructure system for electric vehicles and other new energy transportation modes. It includes charging piles, battery swap stations, ultra-fast charging networks, and integrated solar-storage-charging solutions. The core objective is to address range anxiety, improve charging efficiency, and support the continued increase in new energy vehicle adoption.
Note: The above content is compiled from publicly available information by Securities Star and is for reference only. It does not constitute investment advice.
Source
证券之星-公司新闻Regional
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BYD completes 2,000th highway flash charging station, targets 90,000 stations in two years