BYD's asset
BYD

@byd.com

Founded in February 1995, BYD is a high-tech company devoted to leveraging technological innovations for a better life.

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BYD, short for Build Your Dreams, is a Chinese company that specializes in automotive and green energy technologies. It was founded in February 1995 by Wang Chuanfu and is headquartered in Shenzhen, China. The company's main products include electric vehicles (EVs), batteries, and energy storage solutions.


BYD is one of the world's largest producers of rechargeable batteries and is known for its advancements in battery technology. It offers a range of EVs, including passenger cars, buses, and commercial vehicles. BYD operates on a global scale with manufacturing facilities in China, the United States, Brazil, Hungary, and India.


The company also has research and development centers in China, the United States, Europe, and Japan. With a strong focus on green energy, BYD has made significant investments in solar power and energy storage projects. Notable subsidiaries and joint ventures of BYD include the BYD Daimler New Technology Co.


Ltd., a partnership with Daimler AG to develop electric vehicles in China, and BYD Auto Co. Ltd., the company's automobile manufacturing unit. BYD has established itself as a market leader in the electric vehicle industry.


It has experienced significant global sales growth in recent years, with a presence in over 50 countries and regions. The company has received recognition for its technology and innovation, earning it a strong market position. It is considered a major player in the global EV market, competing with companies such as Tesla, Nissan, and Volkswagen.


Over the years, BYD has achieved several milestones and made notable changes to its product lineup and strategy. In 2016, it launched the BYD Tang, an electric SUV that became one of the best-selling plug-in electric cars in the world. The company has also been involved in innovative projects such as building the world's largest electric vehicle fleet in Shenzhen and partnering with local governments to introduce electric taxis and buses in various cities.


As of the latest updates, BYD continues to expand its global reach and invest in research and development to develop cutting-edge EV technology. It remains committed to its vision of providing sustainable transportation and energy solutions for a greener future

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