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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. [13] Since 2009, BYD's automotive business has contributed over 50% of its revenue.
In 2023, BYD became the top-selling car brand in China ahead of Volkswagen, marking the first time another company has sold more cars than Volkswagen in the country. [9] In early 2024, BYD sales in China were surpassed by Volkswagen, ending its 11-month streak as the top-selling brand in China. [347]
BYD Company, an automobile and rechargeable battery producer in China BYD Auto , a subsidiary automobile manufacturer in China Boyd Gaming , a gaming and hospitality company (NYSE ticker symbol: BYD)
Led by established brands like BYD, SAIC, and Chery, they are assembling cars in-country either to gain incentives or avoid tariffs. "Affordability is a universal value proposition." Bill Russo ...
Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ahead of Japan's Honda and Detroit-based Ford for 2024.
A BYD production facility in Mexico could lower the cost of trying to sell to the U.S. market. ... The Latin American country was the second-most-popular destination for Chinese auto exports in ...
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 ...
The BYD Atto 3, also marketed as BYD Yuan Plus (Chinese: 比亚迪元PLUS) in China and several Latin American countries, is a battery electric compact crossover SUV manufactured by BYD Auto. Part of the BYD Yuan series that is named after the Yuan dynasty , [ 7 ] the Yuan Plus was released in mainland China in February 2022.