Chinese automakers are racing to develop ultra-fast EV charging technology, with BYD unveiling a new platform supporting 1,000-volt charging. Huawei and Zeekr have also announced their own ultra-fast charging solutions, with Huawei's charger designed for heavy-duty vehicles and Zeekr's for passenger cars. The rapid development of charging technology by Chinese manufacturers is driven by the need to match competitors quickly. However, the impact of this technological race on the market is already being felt, with the introduction of ultra-fast charging potentially disrupting an already slowing electric vehicle market.