BYD's energy storage system has been successfully launched in Hungary, marking the country's largest battery project to date. The project, which utilizes BYD's energy storage technology, aims to provide a stable and reliable source of power for the Hungarian grid. This development is significant for the European energy storage market, as it demonstrates the growing demand for battery-based energy storage solutions. According to CnEVPost, the project is expected to play a key role in Hungary's transition to renewable energy.

BYD plans to install 3,000 ultrafast EV chargers in Europe by 2027, with a focus on the UK market. The chargers, which can charge an EV in under 5 minutes, will be part of BYD's "Flash" charging network. This expansion is expected to support the growing demand for electric vehicles in Europe, particularly in the UK. As reported by CleanTechnica, the new chargers will be installed in various locations across Europe, including shopping centers and highway rest stops.

Guoxuan High-Tech has secured a supply deal with Hengchi, marking its entry into the Harmony Intelligent supply chain. The Chinese battery manufacturer will provide batteries for the Hengchi M6, a new energy vehicle model. This partnership is significant for Guoxuan High-Tech, as it expands its customer base and increases its presence in the Chinese new energy vehicle market. According to 第一电动, the deal is expected to drive growth for Guoxuan High-Tech in the coming years.