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fast chargeInsider
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83% Informative
Charging times in the US range from 20 minutes to 50 hours , and are often cited as one of the main reasons why drivers are reluctant to go electric.
But automakers and startups are now racing to build EV batteries that can charge in under 10 or even 5 minutes .
China dominates the global battery industry, with CATL , BYD , and Zeekr leading the way in building EV batteries with longer ranges and faster charging times.
Ries added that the brutal competition in China 's EV market is putting pressure on automakers to cut charging times and roll out fast-charging models at lower price points.
"The competition is so fierce; if you don't come up with faster charging batteries at cheaper prices, you're just not going to survive," he said.
VR Score
84
Informative language
82
Neutral language
54
Article tone
semi-formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
14
Source diversity
8
Affiliate links
no affiliate links