Electric vehicles (EVs) are being endorsed as the uppermost successor to fuel-powered cars, with timetables for banning the sale of petrol-fueled vehicles announced in many countries. However, the range and charging times of EVs are still considerable concerns. Fast charging could be a solution to consumers' range anxiety and the acceptance of EVs. Nevertheless, it is a complicated and systematized challenge to realize the fast charging of EVs because it includes the coordinated development of battery cells, including electrode materials, EV battery power systems, charging piles, electric grids, etc. This paper aims to serve as an analysis for the development of fast-charging technology, with a discussion of the current situation, constraints and development direction of EV fast-charging technologies from the macroscale and microscale perspectives of fast-charging challenges. It is emphasized that to essentially solve the problem of fast charging, the development of new battery materials, especially anode materials with improved lithium ion diffusion coefficients, is the key. It is highlighted that red phosphorus is the most promising anode that can simultaneously satisfy the double standards of high-energy density and fast-charging performance to a maximum degree.