Key facts: BYD to Launch New Models Above 150,000 Yuan; Introduces FLASH Charging Technology
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BYD is set to launch new electric vehicle models priced above 150,000 yuan to enhance its market share. The company introduced 'FLASH Charging Technology', allowing vehicles to charge from 10% to 70% in just five minutes, providing approximately 200 miles of driving range. Despite facing cost pressures, the introduction of high-value features may bolster profitability and support overseas sales.
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