BYD

Extracted Attributes

• Founder

  Wang Chuanfu

• Company Size

  10,001+ employees

• Headquarters

  Shenzhen, Guangdong, China

• Key Technology

  Blade Battery (Lithium Iron Phosphate)

• Founded (BYD Auto)

  2003-01-01

• Annual Revenue (2024)

  Exceeds RMB 700 billion

• Founded (BYD Company)

  1995-02-10

• Cumulative NEV Sales (April 2025)

  11.9 million units

• Market Capitalization Rank (2024)

  3rd most valuable car manufacturer globally

Timeline

• Wang Chuanfu gathers a team of 20 people to found BYD in Shenzhen. (Source: Web Search (Wikipedia))

  1994-11-18

• Shenzhen BYD Battery Company Limited is formally founded with CN¥ 2.5 million capital. (Source: Web Search (Wikipedia))

  1995-02-10

• BYD Auto is established following the acquisition of Xi'an Qinchuan Automobile. (Source: Wikipedia)

  2003-01-01

• Production begins for the BYD F3, the company's first petrol-engined car. (Source: Wikipedia)

  2005-01-01

• BYD launches its first plug-in hybrid electric vehicle, the BYD F3DM. (Source: Wikipedia)

  2008-01-01

• BYD ends production of purely internal combustion engine vehicles to focus on NEVs. (Source: Wikipedia)

  2022-01-01

• BYD becomes the best-selling car brand in China, surpassing Volkswagen. (Source: Wikipedia)

  2023-01-01

• BYD becomes the world's first automaker to produce 10 million new energy vehicles. (Source: Web Search (BYD Official))

  2024-11-18

• BYD overtakes Tesla to become the world's largest electric carmaker. (Source: Wikipedia)

  2025-01-01

• BYD is cited at CES 2026 as a leading example of Chinese cost-effective manufacturing in the US vs China competition. (Source: Document c08935b9-87d2-439d-a5ee-c1b4d7dc4dcf)

  2026-01-01

BYD Auto

BYD Auto Co., Ltd. (Chinese: 比亚迪汽车; pinyin: Bǐyàdí Qìchē) is the automotive subsidiary of BYD Company, a publicly listed Chinese multinational manufacturing company. It manufactures passenger battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs)—collectively known as new energy vehicles (NEVs) in China—along with electric buses and electric trucks. The company sells its vehicles under its main BYD brand as well as its high-end brands, which are Denza, Fangchengbao and Yangwang. BYD Auto was established in January 2003 as a subsidiary of BYD Company, a battery manufacturer, following the acquisition and restructuring of Xi'an Qinchuan Automobile. The first car designed by BYD, the petrol engined BYD F3, began production in 2005. In 2008, BYD launched its first plug-in hybrid electric vehicle, the BYD F3DM, followed by the BYD e6, its first battery electric vehicle, in 2009. Since 2020, BYD Auto has experienced substantial sales growth that is driven by the increasing market share of new energy vehicles in China. The company has expanded into overseas markets from 2021, mainly to Europe, Southeast Asia, Oceania and the Americas. In 2022, BYD ended production of purely internal combustion engined vehicles to focus on new energy vehicles. The company is characterised by its extensive vertical integration, leveraging BYD group's expertise in producing batteries and other related components such as electric motors and electronic controls. Most components used in BYD vehicles are claimed to be produced in-house within the group. As of 2024, BYD's battery subsidiary FinDreams Battery is the world's second largest producer of electric vehicle batteries behind CATL. It specialises in lithium iron phosphate (LFP) batteries, including BYD's proprietary Blade battery. BYD is the best-selling car brand in China since 2023, after surpassing Volkswagen, which had held the title since the liberalisation of the Chinese automotive industry. In 2024, nearly 90 percent of BYD's sales came from the Chinese market. BYD is also the third most valuable car manufacturer in the world, based on market capitalization. In 2025, BYD became the world's largest electric carmaker, overtaking Tesla. The company has faced scrutiny and criticism related to its business practices, including allegations of aggressive price reductions, labor issues at its facilities, and various environmental concerns.

Web Search Results

• BYD Company - Wikipedia

  ## History [edit] ### Early years [edit] On 18 November 1994, Wang Chuanfu gathered a team of 20 people and founded BYD in Buji Town, Longgang District, Shenzhen. The company was formally founded on 10 February 1995 as Shenzhen BYD Battery Company Limited with CN¥ 2.5 million of capital, with a focus on producing rechargeable nickel–cadmium (NiCd) batteries. Wang, at 29 years old, founded the company after noticing an opportunity presented by the shift in Japanese companies from NiCd to high-value nickel–metal hydride (NiMH) and lithium-ion (Li-ion) batteries while he was working as a vice supervisor at the Beijing Nonferrous Research Institute. He moved to Shenzhen with his cousin Lu Xiangyang and started the company in 1995 to capitalize on the opportunity. [...] [edit] ### BYD Auto [edit] Main article: BYD Auto BYD Auto was founded in January 2003 by BYD owner Wang Chuanfu, following BYD's acquisition of Xi'an Qinchuan Automobile. It manufactures passenger battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), collectively known as new energy vehicles (NEVs) in China. It also produces electric buses and trucks. Aside from using the BYD main brand, BYD Auto also owns three other brands intended to capture the high-end market, which are Denza, Fangchengbao and Yangwang. [...] ### Manufacturing [edit] #### Supply chain [edit] BYD is characterized by its vertical supply chain system, originating as a battery company in 1995 before venturing into cars (via BYD Auto) in 2003. At the same time, BYD also leverages China's low labour costs, transforming production lines for power batteries from capital-intensive to labour-intensive, ensuring a competitive edge through a robust supply chain system and reduced production costs. The company has been recognized for innovation; for example it has developed technologies that allow mobile phone batteries to be made at room temperature rather than in expensive, heated dry rooms.

• BYD | LinkedIn

  ## Overview Established in 1995, BYD is a top high-tech enterprise in China specializing in IT, automobile, and new energy.BYD is the largest supplier of rechargeable batteries in the globe, and has the largest market share for Nickel-cadmium batteries, handset Li-ion batteries, cell-phone chargers and keypads worldwide. It also has the second largest market share for cell-phone shells in the globe. BYD Auto becomes the most innovative independent national auto brand and leads the field of electric vehicles with unique technologies. In the field of new energy, BYD has developed green products such as solar farm, battery energy storage station, electric vehicle, and LED, etc. It will continue to lead the new energy revolution in the world! ### Website ### Crunchbase ### LinkedIn [...] BYD (14h): At Abu Dhabi Sustainability Week, BYD marked a milestone that reflects more than three decades of innovation, engineering excellence, and long-term vision. Our Founder and Chairman, Mr. Wang Chuanfu, received a distinguished sustainability recognition presented by Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates. This recognition highlights BYD’s long-standing commitment to advancing battery technology, clean energy solutions, and sustainable mobility—driven by in-house R&D, scientific rigor, and a clear sense of purpose. As a global green technology company, BYD remains committed to accelerating the transition toward a more sustainable future, delivering innovation that creates real impact for society. #BYD #BuildYourDreams [Likes: 99, Comments: 4]; [...] ### Website ### Crunchbase ### LinkedIn ### Industry Motor Vehicle Manufacturing ### Company Size 10,001+ employees 17586 associated members (LinkedIn members who've listed BYD as their current workplace on their profile) ### Founded 1995 ### Funding Last Round Date: 2025-04-03T00:00:00.000Z Last Round Type: Post IPO equity Total Rounds: 4 Last Round Raised: US$ 5.6B ### Investors N/A ### Specialties IT components, Automobile, Energy Storage, LED Lighting, Solar Power, Electric vehicles, Technology, Green technology, electric vehicle, electric semi trucks, electric trucks, electric forklifts, electric car, BYD, NEV, and new energy vehicles ## Locations No.3009, BYD Road, Pingshan, Shenzhen, Guangdong 518118, CN ### Get Directions Directions

• BYD Auto

  BYD Company was founded in 1995 as a battery manufacturer. In January 2003, BYD Company founder Wang Chuanfu founded BYD Auto after acquiring and renaming a dwindling small automotive manufacturing company, Xi'an Qinchuan Automobile, from a state-owned defense company Norinco. The company was acquired for HK$269 million in exchange for a 77% stake, shortly after BYD raised HK$1.6 billion on the Hong Kong Stock Exchange in July 2002. The acquisition was met with disapproval from shareholders, as the plan was not disclosed in the prospectus "Prospectus (finance)"). Wang Chuanfu acquired Qinchuan with the intention of developing battery-powered electric vehicles, leveraging BYD's expertise in battery manufacturing. As Qinchuan had been manufacturing cars since 1987, the purchase gave BYD [...] BYD is the best-selling car brand in China since 2023, after surpassing Volkswagen, which had held the title since the liberalisation of the Chinese automotive industry. In 2024, nearly 90 percent of BYD's sales came from the Chinese market. BYD is also the third most valuable car manufacturer in the world, based on market capitalization. In 2025, BYD became the world's largest electric carmaker, overtaking Tesla. The company has faced scrutiny and criticism related to its business practices, including allegations of aggressive price reductions, labor issues at its facilities, and various environmental concerns. ## History [edit] ### 2003–2008: Establishment and early years [edit] [...] BYD Auto was established in January 2003 as a subsidiary of BYD Company, a battery manufacturer, following the acquisition and restructuring of Xi'an Qinchuan Automobile. The first car designed by BYD, the petrol engined BYD F3, began production in 2005. In 2008, BYD launched its first plug-in hybrid electric vehicle, the BYD F3DM, followed by the BYD e6, its first battery electric vehicle, in 2009. Since 2020, BYD Auto has experienced substantial sales growth that is driven by the increasing market share of new energy vehicles in China. The company has expanded into overseas markets from 2021, mainly to Europe, Southeast Asia, Oceania and the Americas. In 2022, BYD ended production of purely internal combustion engined vehicles to focus on new energy vehicles.

• About BYD | BYD AUTO

  Accept Selected Reject Accpet All About BYD Founded in 1994, BYD is a high-tech company devoted to leveraging technological innovations for a better life. After more than 31 years of rapid growth, BYD has played a significant role in industries related to electronics, auto, renewable energy and rail transit. With a focus on energy acquisition, storage, and application, BYD offers comprehensive zero-emission new energy solutions. As a company listed on both the Hong Kong Stock Exchange and Shenzhen Stock Exchange, its annual revenue in 2024 exceeds RMB 700 billion. Globalization As of April 2025, BYD's new energy vehicles have established a presence in more than 100 countries and regions worldwide. Auto [...] {{ countIpInfoObj?.tip }} {{countIpInfoObj?.region}} {{lan?.name}} {{countIpInfoObj.another}} About BYD Contact US BYD Global Rail Transit Commercial Vehicles Country / Language We use our own and third-party cookies to ensure the proper functioning of the web portal and its complements, perform navigation analysis and show multimedia content. If you continue browsing, you accept the use of this technology. For more information please see our Cookies Statement. Customize Reject Accept [...] BYD ATTO 3 BYD DOLPHIN Market Performance As of the end of April 2025, BYD's cumulative new energy vehicle (NEV) sales exceeded 11.9 million units. In the first half of 2023, BYD ranked among the global top 10 in new car sales. On November 18, 2024, BYD became the world's first automaker to produce 10 million NEVs. Pollution and Emission Reduction As of 10 March, 2025, BYD has counterbalanced 86,874,386,498 kg of CO₂, equivalent to the CO₂ absorption of 1,447,906,442 trees. Privacy & Legal Cookie Policy FOLLOW US ©️ BYD Company Ltd. All rights reserved.

• About US | BYD USA

  Models {{carsItem.carModelsLinkText}}) Models) {{ item.tabName }} {{sonItem.btnText}} ### {{ item.carNameLang || item.carNameEn || item.carName }} {{ item.leftButtonName }} {{ item.rightButtonName }} About BYD BYD WORLD BYD Global Rail Transit Commercial Vehicles Forklift Country / Language About BYD Founded in 1995, BYD is a leading technology company devoted to leveraging innovations for a better life. With more than 27 years of expertise, BYD has established itself as an industry leader in electronics, automotives, renewable energy, and rail transit. As a global leader with more than 30 industrial parks across 6 continents, BYD's zero-emission solutions, focused on energy generation and storage, are expansive and widely applicable Diversification Auto [...] Diversification Auto Rail Transit Renewable Energy Electronics Globalization 400+ cities，70+ countries，6 continents Auto 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. Blade Battery Ultra Safety The Blade Battery is the only battery that has passed the nail penetration test Ultra Strength The Blade Battery can reach a compressive strength of up to 450 kN Ultra-long Range With the Blade Battery, a BYD HAN EV has a range of 605 km Ultra-high Charging Capability In just half hour, the battery can charge from 30% to 80% and has a maximum instantaneous discharge power DM-i Ultra-low Fuel Consumption 3.8 L Fuel Consumption at Low SOC 43.04 %

• Instance Of

  Q4167410