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BYD Stella Li: Future of ICEVs Highly Limited as Flash Charging Tech Gains Popularity
2026-09-14 17:14:41 BYD COMPANY (01211.HK) Executive Vice President Stella Li recently said that as BYD's flash charging technology becomes more widespread in China, the future of ICEVs has become highly limited and could even be described as having no future. Regarding overseas markets, she said development in other parts of the world may lag by several years, but the ultimate fate of ICEVs will be the same. In Brazil, for example, the BYD Dolphin Surf model has been the best-selling vehicle, accounting for nearly 50% of total sales, while charging costs are only 20% of refueling costs. Many people use the vehicle for Uber or taxi services. She furthered that BYD plans to launch models equipped with solid-state batteries in 2027. ~ AASTOCKS Financial News Website: www.aastocks.com | |