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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.
BYD Company was founded in 1995 as a battery manufacturer. In January 2003, BYD Company founder Wang Chuanfu founded BYD Auto after acquiring and renaming a dwindling small automotive manufacturing company, Xi'an Qinchuan Automobile, from a state-owned defense company Norinco.
BYD Auto, a subsidiary automobile manufacturer in China; Boyd Gaming, a gaming and hospitality company (NYSE ticker symbol: BYD) Other uses.
BYD launched its first plug-in hybrid model at the end of 2008. Since then, BYD has taken off as an EV manufacturer, partly thanks to the Chinese government’s support for the industry.
BYD also plans to produce vehicles in Brazil, Hungary, India, Indonesia, Mexico, Thailand, the U.S., and Uzbekistan. Globally, the company expects to pass 4 million EVs produced by the end of 2024.
The automaker launched the Yangwang U8, a $150,000 premium SUV that comes with an onboard drone last year.. BYD also unveiled its first supercar, the 1.68 million yuan ($235,000) Yangwang U9, 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 ...
BYD sold around 3.8 million cars in the first 11 months of 2024, a 40% year-on-year jump.