Tesla’s primary EV rival, BYD (Build Your Dreams), has announced that they’ve developed chargers that add up to 250 miles of range in five minutes. Tesla's Superchargers, currently the fastest EV chargers around,

Chinese auto manufacturer BYD says it has developed technology that speeds up electric vehicle battery charging to as little as 5 minutes at 1,000 kilowatts, providing enough energy for nearly 250 miles of driving.

Game-changing new battery tech promises near-instant charging—but the leap forward may come with big hurdles.