Discover BYD’s new home EV charging sharing service in China, letting owners set rates and schedules via an app. Save money, earn extra income – learn more now!
Chinese EV giant BYD has launched a new feature on its mobile app that lets electric‑vehicle owners in the same residential complex share home charging stations. The “home charging sharing” service lets the station owner and potential users negotiate charging slots and prices directly through the app.
Turn Idle Chargers into Extra Income
Many BYD owners have private chargers at home that sit idle for up to 10 hours a day while they are at work or away. By opening these chargers to neighbours, owners can generate supplemental revenue, making better use of an otherwise dormant asset.
Benefits for Non‑Owners
Drivers without a personal home charger gain a convenient, nearby charging point that is typically cheaper than public fast‑charging stations. Since the transaction happens within the BYD ecosystem, users avoid extra service fees and benefit from lower electricity rates.
Beyond BYD – Nio and Xpeng Join the Trend
Following BYD’s lead, rival Chinese brands Nio and Xpeng have also introduced shared‑charging functions in their apps. After an owner configures a shared station and sets available time windows, other EV owners can locate the charger, reserve a slot, and pay automatically via the app.
Dynamic Pricing in Action
A Xpeng charger owner explained how they set variable rates: off‑peak electricity is priced at 0.35 CNY/kWh, while peak‑hour rates are higher to offset grid costs. The system processes payments automatically once the charging session ends, streamlining the experience for both parties.
What This Means for the EV Community
Home‑based sharing transforms residential areas into micro‑grids, improving charger utilisation, cutting costs for drivers, and creating a new revenue stream for charger owners. As more manufacturers roll out similar tools, community‑driven charging could become a standard feature of electric‑mobility life.
Ready to join the sharing economy? Download the BYD app today and explore how you can earn or save on your next charge.