BYD Company Limited

BYD Company Limited is a Chinese multinational manufacturing conglomerate headquartered in Shenzhen, Guangdong, China. Founded in 1995 by Wang Chuanfu, the high-tech company is devoted to leveraging technological innovations for a better life and providing comprehensive zero-emission new energy solutions.

The company operates across several key industries, including electronics, automobiles, renewable energy, and rail transit. Its diverse product portfolio encompasses passenger battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), electric buses, electric trucks, and a wide range of rechargeable batteries, including its proprietary Blade Battery technology. Additionally, BYD manufactures automotive components, forklifts, photovoltaic systems, handsets, semiconductors, and rail transit systems like SkyRail and SkyShuttle.

BYD has established itself as a global leader in the new energy vehicle (NEV) market, becoming the world's first automaker to produce 10 million NEVs as of November 2024. Since 2023, it has been the largest automobile manufacturer in China by annual sales and was the world's second-largest electric vehicle battery producer in 2024. The company ceased production of pure internal combustion engine vehicles in March 2022 to focus entirely on plug-in electric vehicles and has expanded its NEV presence to over 100 countries and regions worldwide. Notable developments include the introduction of high-end brands Yangwang and Fangchenbao in 2023.