According to BYD, the platform has charging power of 1,000 kilowatt and takes up to 1,000 amps. This means it can charge batteries at a rate of about 2km per second and add 400km in range in five 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.

Chinese auto manufacturer BYD says it has developed technology that speeds up electric vehicle battery charging to as little as 5 minutes at 1,000 kilowatts, providing enough energy for nearly 250 miles of driving.