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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. [14] Since 2009, BYD's automotive business has contributed over 50% of its revenue.
A BYD dealership in Perth, Western Australia. BYD entered the Australian market in 2022 through a partnership with EVDirect, a local distributor that is a subsidiary of ASX-listed company MotorCycle Holdings. Both companies signed an agreement in February 2021. [135]
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 ...
SYDNEY (Reuters) -BYD and other Chinese automakers are bringing new electric car models in droves to Australia, a market where they haven't faced trade barriers and sales have surged due to EV ...
After entering the market in 2022, BYD now has 14% of Australia’s EV market, reports Reuters. Tesla leads at 53%, but it’s had a big head start, having launched sales Down Under in 2014.
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 ...
This is a list of notable current automobile manufacturers including buses & trucks manufacturers but excluding agricultural, construction, military & motorcycle vehicles with articles on Wikipedia by region.
This is a list of notable automobile manufacturers with articles on Wikipedia by country. It is a subset of the list of automobile manufacturers for manufacturers based in Asian countries. It includes companies that are in business as well as defunct manufacturers.