BYD Company Limited
Founded in February 1995, BYD started out in the rechargeable battery business, and entered the automobile industry in January 2003. In the meantime, it started operating in the renewable energy industry. In October 2016, BYD ventured into the rail transit industry. In the electronics field, As a world-leading manufacturer of electronic products, BYD is mainly engaged in the manufacturing of components including metal and plastic components of electronic products, 3D glass, ceramic, chargers and lithium battery packs, as well as the design, testing and assembly of electronics. Capable of offering one-stop services including design, R&D, manufacturing, logistics and after-sales, its major products cover consumer electronics, automotive electronics, industrial electronics, IoT, etc. Main customers of the business include Apple, Samsung, MicroSoft, Dell, Toshiba, HP, Huawei, Lenovo, ZTE and other industry leaders.
Currently, BYD is the world’s only automaker that simultaneously masters the technologies of batteries, electronic motor, electronic control, charging infrastructure, and automobile production. Under the 7+4 Full Market EV Strategy, BYD's current electric vehicle lineup comprises seven conventional fields with vehicles running on-road, and four specialized fields with vehicles running off-road. The seven on-road vehicles include private vehicles, taxis, buses, coaches, logistics trucks, urban sanitation trucks, and construction trucks. The four off-road vehicles are special vehicles to serve ports, airports, warehousing and mining operations.
In the field of new energy, BYD has launched various products including solar power stations, energy storage stations, electric forklifts and LED, providing new energy solutions integrating the generation, storage and utilization of electricity. In addition, BYD has won another world’s first: the first new energy enterprise to win a special award from UN’s Powering the Future We Want project.
In October 2016, BYD launched the straddle monorail known as the BYD SkyRail, in which BYD has spent five years and invested RMB5 billion with the aim of resolving the problem of urban traffic congestion. The BYD SkyRail falls under rail transit with small and medium capacity and has strong advantages including high safety and practicality, low cost, fast construction and beautiful design. By now it has been widely recognized and favoured by the market.
As its name - Build Your Dreams – suggests, BYD aims to fulfill its mission of “technological innovations for a better life”.