Shares of China's BYD rallied on Tuesday after the company announced a new technology that it claims can charge electric vehicles almost as quickly as it takes to fill a gasoline car. BYD on Monday unveiled a new "Super e-Platform" technology,

Chinese automaker BYD , which last year showed interest in selling its EVs in Canada but had to back away due to the new 100-percent tariffs on electric and hybrid vehicles coming from China, is surfing on a new wave of success globally.

BYD’s shares rose in Hong Kong after the Chinese electric vehicle giant unveiled its new fast-charging technology and announced an employee share incentive plan.