BYD Company Limited Class A
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in mil. unless spec.Company Description
- CEO
- Chuan Fu Wang
- Full Time Employees
- 869,622
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- No.3009, BYD Road Shenzhen GD China 518118
- IPO Date
- Jul 31, 2002
- Website
- bydglobal.com
- Similar Companies
- Business
- BYD Company Limited (002594.SZ) is a Chinese multinational manufacturing conglomerate that manufactures new energy vehicles, rechargeable batteries, electronic components, rail transit systems, and solar products. The company produces passenger battery electric vehicles and plug-in hybrid electric vehicles under the BYD brand as well as premium brands Denza, Fangchengbao, and Yangwang; electric buses, trucks, and forklifts; lithium iron phosphate batteries including the Blade Battery via FinDreams Battery; energy storage systems; photovoltaic modules; semiconductors; and monorail systems such as SkyRail and SkyShuttle. BYD Electronics provides handset components, assembly services, and products like casings for smartphones, tablets, and laptops, while FinDreams entities supply powertrains, automotive electronics, chassis parts, and precision molding to internal and external customers. Founded in 1995 and headquartered in Shenzhen, Guangdong, China, BYD operates production bases across China, Thailand, Uzbekistan, Brazil, Hungary, Turkey, and the United States, serving markets in Asia, Europe, North America, South America, Oceania, and Africa. Recent developments include extending its leasing partnership with Ayvens to seven additional European countries including Greece and Sweden in 2025 following a 2024 memorandum; forming a multi-year alliance with Uber to deploy 100,000 electric vehicles globally; launching premium brand Yangwang in the Middle East by early 2026 with subsequent plans for Europe and the Americas; introducing new models like the Seagull in Jordan, five NEVs in Oman and Tunisia, and the BD11 double-decker bus in the UK; entering the Greek passenger market and accelerating Saudi expansion; and achieving over 4 million passenger car sales in 2024 amid overseas growth targets of up to 1.6 million vehicles in 2026.
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