Fast charging increasingly driving EV battery degradation

Fast charging for electric vehicles (EVs) is increasingly driving battery degradation, as consumer anxiety and infrastructural constraints are refocusing charging station installations for speed. By 2039, Benchmark’s EV Charging Service expects the majority of new global charging station installations to be fast charge (>22kW AC or DC). Charging speed has increasingly become a point of competition between OEMs, as demonstrated by BYD’s recent Blade 2 announcement, which advertised a five-minute charging speed from 10% to 70% and nine minutes from 10% to 97%.