BYD Co. unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.

BYD has introduced a groundbreaking charging system that rivals the speed of refueling a gasoline car. Chairman Wang Chuanfu announced that in tests, the new system charged the Han L model with 292 miles of range in just five minutes.

Chinese automaker BYD , which last year showed interest in selling its EVs in Canada but had to back away due to the new 100-percent tariffs on electric and hybrid vehicles coming from China, is surfing on a new wave of success globally.

BYD on Monday unveiled a new platform for EVs that it said could charge a car as quickly as it takes to pump petrol.

BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China.

BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China.

China's BYD on Monday launched an upgraded platform for electric vehicles with 1,000-volt architecture that it said could charge EVs as fast as pumping gas. The EV giant, which has become known for upending cost norms in the industry,