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.

The Chinese company said it’s new battery and charging system was capable of providing 470 kilometres of range in just 5 minutes.

China continues to raise the bar on electric vehicles, with BYD unveiling a new EV platform that can be recharged about as fast as it takes refuel a gasoline car. Why it matters: Making EV charging as painless as visiting a gas station is one less hurdle for consumers,