In China’s new energy vehicle (NEV) market, industry leader BYD introduced megawatt-level (MW) flash charging technology more than a year ago and further enhanced its fast-charging capabilities with the launch of its second-generation Blade Battery in March 2026. Now, major competitors, including Geely and CATL, have also entered the space. Flash-charging technology remains in a stage of extensive validation and limited pilot deployment, but Chinese automakers and battery manufacturers are already engaged in an intense marketing battle, reflecting the intensifying competition in the NEV market.