China’s energy and auto giant BYD has announced an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps. BYD, China's largest EV maker, said Monday that its flash-chargers can provide a full charge for its latest EVs within five to eight minutes,

Chinese automaker BYD continues to leave Tesla in the dust. The company introduced a new battery system on Monday that it claims can charge an electric vehicle in just five minutes, about the same time it takes to refuel a traditional car.

China continues to raise the bar on electric vehicles, with BYD unveiling a new EV platform that can be recharged about as fast as it takes refuel a gasoline car. Why it matters: Making EV charging as painless as visiting a gas station is one less hurdle for consumers,