BYD Co. unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.

China's energy and auto giant BYD has announced a super fast EV charging system that it says is nearly as quick as a fill up at the pumps

Shares of BYD, the world’s largest electric-vehicle maker by deliveries, rose on Tuesday after the Chinese company said it’s rolling out a system that will recharge a vehicle in about the same time as it takes for people to fill up a car with gasoline.