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In a research report released on March 18, 2025, Daiwa Capital Markets reiterated its 'Buy' rating for BYD Co., Ltd. (01211). BYD has introduced the 'Super e-Platform', which, despite higher pre-sale prices partly attributed to the nascent stage of its silicon carbide factory, presents a promising outlook. This innovative platform features flash charging batteries, first showcased in the Han L and Tang L models, capable of 1000kW super fast charging. BYD aims to establish 4,000 super fast charging stations. The Han L models are priced between 270,000 and 350,000 yuan, while the Tang L models range from 280,000 to 360,000 yuan. Notably, BYD hints at potentially extending the flash charging functionality to mass-market models such as the Qin and Yuan EVs in the future.
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