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BYD

Automobile Manufacturer also, buses, electric bicycles, trucks, forklifts, solar panels and rechargeable batteries.

Categories

Industrial Manufacturing  
Technology  

#2253

Rank

$6.78B

Marketcap

US United States

Country

BYD
Leadership team

Ms. Ya-Lin Zhou (VP & CFO)

Mr. Qian Li (Sec. to the Board, Company Sec. & GM of Investment Department)

Mr. Xiang-Yang LV (Vice Chairman)

Mr. Chuan-Fu Wang (Founder, Chairman & CEO)

Industries

Industrial Manufacturing

Technology

Products/ Services
Automotive, Manufacturing
Number of Employees
Above 50,000
Headquarters
Shenzhen, Guangdong, China
Established
1995
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001445162
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
BYD
Social Media
Overview
Location
Summary

BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the People's Republic of China and internationally. It operates through three segments: Rechargeable Batteries and Photovoltaic Products; Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The company offers internal combustion, hybrid, and battery-electric passenger vehicles; buses, coaches, and taxis; logistics, construction, and sanitation vehicles; and vehicles for warehousing, port, airport, and mining operations. 

It also manufactures and sells lithium-ion and nickel batteries, photovoltaic products, and iron batteries primarily for mobile phones, electric tools, and other portable electronic instruments; mobile handset components, such as housings and electronic components; medical protection products; and automobiles, and auto-related moulds and components, as well as provides assembly, and automobiles leasing and after-sales services. 

In addition, it offers rail transit equipment; solar batteries and arrays; and urban rail transportation services. The company was founded in 1995 and is headquartered in Shenzhen, China.

History

BYD Company Limited is a Chinese automobile manufacturer based in Shenzhen, Guangdong Province. The company was founded in February 1995 by Wang Chuanfu, who had previously worked in the battery industry. Initially, the company focused on rechargeable battery technology and produced batteries for mobile phones and other electronic devices.

In 2003, BYD entered the automotive industry and began manufacturing automobiles. The company's first car, the BYD Flyer, was launched in 2003 and was designed for the low-end market. In the following years, BYD expanded its product line to include a range of passenger cars, buses, and trucks.

One of BYD's most significant achievements is the development of the Blade Battery, a battery pack that uses less space and offers greater safety compared to traditional lithium-ion batteries. The Blade Battery uses a unique "blade" design, where cells are arranged in a thin, rectangular shape that can be stacked more efficiently. This innovation has helped BYD to become a leader in battery technology and has contributed to the growth of the electric vehicle industry.

In 2008, BYD announced that it would enter the North American market and established a sales and marketing office in Los Angeles, California. The company's first product in the US was the F3DM, a plug-in hybrid sedan. However, sales of the F3DM were limited, and BYD later withdrew from the US market.

In recent years, BYD has focused on promoting sustainable transportation and reducing carbon emissions. The company has a significant presence in the Chinese market and has also expanded to other countries, including Europe, South America, and Southeast Asia.

In 2015, BYD became the world's leading manufacturer of electric vehicles, with sales totaling over 62,000 units. The company's electric vehicles include passenger cars, buses, and trucks, and are designed to offer a clean and efficient alternative to traditional gasoline and diesel-powered vehicles.

Aside from its automotive division, BYD also produces renewable energy products such as solar panels and energy storage systems. The company has a strong commitment to sustainability and has received recognition for its efforts to promote clean energy and reduce carbon emissions.

BYD has a history of innovation and is committed to promoting sustainable development through its products and services. The company's success in the electric vehicle industry and its leadership in battery technology have positioned it as a key player in the global transition to clean energy.

Mission

BYD Company's mission is to create a complete and sustainable clean energy ecosystem that includes transportation, energy storage, and solar power generation. The company aims to achieve this by providing innovative solutions that reduce carbon emissions and promote sustainable development. Additionally, BYD is committed to making its products and services more affordable and accessible to people around the world, in order to accelerate the adoption of clean energy technologies

Vision

BYD Company's vision is to become a global leader in clean energy and sustainable transportation. The company envisions a future where clean energy is widely adopted, and where its innovative products and services have made a significant contribution to reducing carbon emissions and improving the environment. Additionally, BYD aims to continue expanding its global presence and to create a strong brand that is recognized for its commitment to sustainability and innovation.

Key Team

Ms. Ya-Lin Zhou (VP & CFO)

Ms. Ke Li (Exec. VP)

Mr. Yu-bo Lian (Chief Engineer of the Automobile Bus., Exec. VP & GM of Division 13)

Mr. Hong-Bin Luo (Sr. VP)

Mr. Jie Wang (VP & CEO of Commercial Vehicles Division)

Mr. Zhi-Qi He (VP & COO of Passenger Car Division)

Mr. Haijin Wang (Investor Relations Department Mang.)

Mr. Jing-Sheng Wu (Consultant)

Mr. Xiang-yang LV (Vice Chairman)

Mr. Chuan-Fu Wang (Founder, Chairman & CEO)

Mr. Qian Li (Sec. to the Board, Company Sec. & GM of Investment Department)

Recognition and Awards
BYD has won awards such as the 2021 iF Design Award for its Han EV, the Zayed Future Energy Prize, the Bloomberg BusinessWeek Fortune Magazine Award, and the Anheuser-Busch Supplier of the Year Award. Additionally, BYD's Atto 3 won the AA Driven BEV of the Year award in 2022 and BYD France won the French Innovation Award in 2018
Products and Services

BYD Company produces a wide range of products and services related to clean energy and sustainable transportation. Here are some of their main products and services:

1. Electric Vehicles: BYD is one of the world's leading manufacturers of electric cars, buses, and trucks. Their electric vehicles offer a clean and efficient alternative to traditional gasoline and diesel-powered vehicles.

2. Energy Storage Systems: BYD produces energy storage systems that can be used to store electricity from renewable sources like solar and wind power. These systems can help reduce reliance on fossil fuels and increase the use of clean energy.

3. Solar Panels: BYD produces solar panels that can be used to generate electricity from sunlight. These panels can be used in homes, businesses, and other applications to reduce reliance on fossil fuels and decrease carbon emissions.

4. Monorail Systems: BYD produces monorail systems that can be used for urban transportation. These systems are designed to be fast, efficient, and environmentally friendly.

5. Electric Forklifts: BYD produces electric forklifts that offer a clean and efficient alternative to traditional gasoline and diesel-powered forklifts. These forklifts can be used in a variety of industries to reduce carbon emissions and improve air quality.

6. Battery Technology: BYD is a leader in battery technology and produces a wide range of batteries for various applications. One of their most significant achievements is the development of the Blade Battery, a battery pack that uses less space and offers greater safety compared to traditional lithium-ion batteries.

BYD's products and services are designed to promote sustainable development and reduce carbon emissions.

References

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BYD
Leadership team

Ms. Ya-Lin Zhou (VP & CFO)

Mr. Qian Li (Sec. to the Board, Company Sec. & GM of Investment Department)

Mr. Xiang-Yang LV (Vice Chairman)

Mr. Chuan-Fu Wang (Founder, Chairman & CEO)

Industries

Industrial Manufacturing

Technology

Products/ Services
Automotive, Manufacturing
Number of Employees
Above 50,000
Headquarters
Shenzhen, Guangdong, China
Established
1995
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001445162
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
BYD
Social Media