Welcome back to EV News, China. Today, Neo defends battery swapping. Denza's Z9 GT show cars arrive

and Zika hit by chip costs. Plus stay tuned. Later in the show, I'll tell you why SAC has launched

the H5 in China as the cheapest way into the Harmony Autonomy System. Welcome to EV News, China, the podcast dedicated to the world's

largest electric vehicle market. Each day, I bring you headlines, insights and analysis

from the heart of China's booming EV industry and decode how fast-moving developments in the East

shape the global EV landscape. Let's kick off. BYD unveiled their new charging system at the end of last week.

Flash charging and Blade Battery 2.0 can refill a battery pack from 10 to 90% in 9 minutes.

We'll call that a full charge, even though the last 3% might taper off. So they gave it 10 to 97.

We'll take it. Days later, the Neo founder and CEO,

William Lee, took to Wei Woe social media to argue that battery swapping still beats fast

charging as the most convenient and efficient way to replenish energy. Chinese business outlet,

36KR, framed Neo as the main targets of BYD's

ultra-fast charging tech. BYD struck a softer note, though, in public calling their fast

charging and Neo's battery swapping, and I quote, different roads leading to the same destination,

end quote. I love how Chinese tech tends to play

quite nicely with each other. And saying it's flash charging, tackle, slow charging, but just by a

different route. And obviously it is cutthroat and brutal and price war. And at least in public,

there is kind of a semblance of decency, the way they go about doing their

business. They'll talk about each other's companies with the positives. And I like the fact that

BYD are praising Neo's technology and not, and going up against it. But unfortunately,

for Neo, it is quite a big deal because the battery swapping network is

growing in China.

...