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The BYD brand distinguishes their passenger car line-up under three "series", namely the Dynasty series (started by the BYD Qin in 2012), a line of higher-end vehicles with "dragon-inspired" designs aimed at the traditional mass markets; [2] [3] the Ocean series (started by the BYD Dolphin in 2021), a line of "ocean-themed" vehicles based on new aesthetic designs by Wolfgang Egger and the ...
Fangchengbao (Chinese: 方程豹; lit. 'equation leopard'), also spelled Fang Cheng Bao is a Chinese luxury electric car brand owned by BYD Auto and marketed by Shenzhen Fangchengbao Auto Sales Co., Ltd. BYD also owns trademarks for an English-language variant, Formula Bao. [1]
BYD was founded by Wang Chuanfu in February 1995 as a battery manufacturing company. BYD's largest subsidiary, BYD Auto, was founded in 2003 and has grown to become the world's largest manufacturer of plug-in electric vehicles. [14] Since 2009, BYD's automotive business has contributed over 50% of its revenue.
A German dealership is launching a BYD-only showroom in Berlin, as Tesla killer tries to make its presence in Europe known. Ryan Hogg. February 1, 2024 at 6:37 AM. Leonhard Simon/Getty Images.
BYD regained the top position by the second quarter of 2024. [378] In that quarter, BYD global sales has surpassed Honda and Nissan, making it the seventh-largest automaker in the world. [379] BYD ended 2024 achieving 4,272,145 sales, a 41.3% increase compared to 2023.
The brand's first model, the U8 plug-in hybrid full-size SUV, was introduced on January 5, 2023, before its market launch in the Chinese market on April 18, 2023. [5] [6] During the presentation, BYD founder and CEO Wang Chuanfu personally drove a U8 onto the stage, while another U8 equipped with Mecanum wheels demonstrated the IWD technology by driving sideways and performing a tank-like ...
The U8 was first presented on 5 January 2023. [4] Sales of the SUV began on 18 April in China. [5] [6] Pricing was announced in 20 September 2023.At 1,098,000 RMB, the U8 Premium Edition was most expensive Chinese mass-produced electric car at the time of its introduction, [7] until it was surpassed by the U9 supercar in February 2024 at 1,680,000 RMB. [8]
BYD has already announced several new facilities outside of China. In Asia, the company is eyeing a $1.3 billion investment to set up an electric vehicle factory in Indonesia, and is also expected ...