Chinese firm BYD says it will build 2,000 5-minute fast charger stations across Europe in 2026; at 1.5mW each, they will be 5 times more powerful than most existing chargers.

https://futurology.today/post/9204868

Chinese firm BYD says it will build 2,000 5-minute fast charger stations across Europe in 2026; at 1.5mW each, they will be 5 times more powerful than most existing chargers. - Futurology Today

“In China, BYD is currently building 4,000 1.5mW charging stations across the country, with plans to roll out 20,000 by the end of this year. Although not quite as ambitious, a BYD spokesperson for the European side of the business told me that the company is targeting 2,000 1.5mW Flash Charging stations across Europe before 2026 comes to a close.” I’m fascinated by the economics of this. How does BYD make money on this? Do they run the chargers at a profit? How much will this work out per km for drivers compared to diesel or gasoline? People think of BYD as a budget car marker, but this to support its luxury brand Denza. The Denza Z9 GT EV has a range of 1,036 km (644 miles) on these chargers. I’m guessing having the best charagers is going to be seen as premium/luxury too. ‘Ready in 5, full in 9’ — this Chinese EV charges to 70% in only 5 minutes, has a 644-mile range, and it’s coming to Europe in April [https://www.techradar.com/vehicle-tech/hybrid-electric-vehicles/ready-in-5-full-in-9-this-chinese-ev-charges-to-70-percent-in-only-5-minutes-has-a-644-mile-range-and-its-coming-to-europe-in-april]

Well, 1.5 milliwatts doesn’t sound a lot… But seems like for TECH(sic!)radar somehow it does.
I corrected the headline!