Chinese electric vehicle manufacturers are transitioning from competitive pricing to delivering better technology, with companies like BYD unveiling innovative battery technologies that can charge vehicles faster and more efficiently. This shift aims to stay ahead in the market, and BYD plans to apply these advancements to affordable models while expanding its charging infrastructure.

The era of price wars in China’s electric vehicle (EV) market is giving way to a new contest: who can deliver better technology at the same price. On a cloudy evening in March, Shenzhen-based BYD put forward its answer with the unveiling of a battery capable of charging from 10 to 70 per cent in just five minutes – and to 97 per cent in nine minutes. The company said it would apply the technology to models priced as low as 155,000 yuan (US$22,500) while building 20,000 charging stations this...