BYD COMPANY LIMITED is a China-based company principally engaged in the manufacture and sales of transportation equipment. The Company is also engaged in the manufacture and sales of electronic parts and components and electronic devices for daily use. The Company’s products include rechargeable batteries and photovoltaic products, mobile phone parts and assembly, and automobiles and related products. The Company mainly conducts its businesses in China, the United States and Europe. BYD became a key player in the transition from gas powered vehicles to electric vehicles by developing the cutting-edge Blade Battery and dual-mode hybrid power technology. In 2002, Wang created a new affiliate to be listed on the Hong Kong Stock Exchange. The initial public offering (IPO) published on 31 July 2002 focused solely on BYD’s ambition to become the world’s second-largest battery firm, with no mention of venturing into the automobile industry. Wang unexpectedly decided to acquire Shaanxi Qinchuan Auto Company Limited (Qinchuan Auto) in January 2003, securing a license for car manufacturing.
|BYD Cars and News
Headquarters: Shenzhen, China
Registered address: 1 Yan’An Road, Kui Chong Street, Dapeng New District, Shenzhen
Business address: 3009 BYD Road, Pingshan District, Shenzhen
BYD North America LLC
888 E. Walnut St.
Pasadena, CA 91101
BYD Transit Solutions
Hong Kong Exchanges SEHK: 1211
SZSE Component Index: 002594
BYD (BuildYourDreams) is a high-tech company devoted to technological innovations for a better life. Founded in February 1995, BYD has grown from a start-up with only 20 employees into a global company with 240 thousand employees today. Throughout its 24 years of high-speed growth, BYD has established over 30 industrial parks across six continents and has played a significant role in industries related to electronics, automobiles, new energy and rail transit. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions. BYD is listed on the Hong Kong and Shenzhen Stock Exchanges, with revenue and market capitalization each exceeding RMB 100 billion.
BYD Auto is a leading new energy vehicle (NEV) manufacturer, BYD has created a broad range of internal combustion (IC), hybrid and battery-electric passenger vehicles. BYD’s NEVs have ranked No.1 in global sales for three consecutive years (since 2015). Developing electric vehicles that are intelligent and connected, BYD is inaugurating a new age of automotive innovation. founded in January 2003, following BYD Company’s acquisition of Tsinchuan Automobile Company in 2002 which develops and manufactures luxury electric cars sold under the Denza brand.
BYD Auto sold a total of 506,189 passenger cars in China in 2013, making it the tenth-largest selling brand and the largest selling Chinese brand. In 2015, BYD Auto was the best selling global electric vehicle brand. For a second year running, BYD was the world’s top selling plug-in electric car manufacturer with over 100,000 units delivered in 2016. In October 2016, BYD Auto became the all-time second largest global plug-in car manufacturer. BYD is present in more than 200 cities in 50 countries and regions and was the number one seller of new energy vehicles in the world between 2015 and 2017. In late 2017, the premier of the government of Ontario, Canada announced that BYD would open a factory in the province to manufacture electric vehicles.
BYD is a multinational high-tech company devoted to leveraging technological innovations for a better life. Founded in 1995 as a rechargeable battery maker, BYD now boasts a diverse business scope covering automobiles, rail transit, new energy, and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 70 countries and regions, and more than 400 cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world.
Founded in 2003, BYD Auto is the automotive subsidiary of BYD, a multinational high-tech company devoted to leveraging technological innovations for a better life. Aiming to accelerate the green transition of the global transportation sector, BYD Auto focuses on developing pure electric and plug-in hybrid vehicles. The company has mastered the core technologies of the entire industrial chain of new energy vehicles, such as batteries, electric motors, electronic controllers, and automotive-grade semiconductors. It has witnessed in recent years significant technological advancements, including the Blade Battery, the DM-i and DM-p hybrid technology, the e-Platform 3.0, and the CTB technology. The company is the world’s first carmaker to stop the production of fossil-fueled vehicles on EV shift and has remained top of new energy passenger vehicle sales in China for 9 years in a row.
Shenzhen DENZA New Energy Automotive Co., Ltd.
Shenzhen DENZA New Energy Automotive Co., Ltd. (DENZA Auto) is a 50:50 joint venture of Daimler Greater China Ltd. and BYD Automotive Industry Co., Ltd. Established in 2011, DENZA Auto was the first Sino-German joint venture dedicated to battery electric vehicles. Combining Daimler’s renowned engineering expertise in safety and quality with BYD’s leading battery technology, DENZA Auto was the first electric vehicle manufacturer in China to conduct crash tests according to the C-NCAP standard, receiving a 5-star rating. DENZA is one of the key pillars of Daimler’s New Energy Vehicle strategy in China, contributing to its NEV offensive as a homegrown brand.