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EVs, Battery Tech, and More

BYD Company Limited is a Chinese multinational conglomerate that specializes in manufacturing a wide array of products ranging from electronic components to various types of vehicles. Its vehicle business, BYD Auto, is its largest and most famous division and focuses on EVs. Besides vehicles, BYD's product portfolio includes rechargeable batteries, photovoltaic products, and various electronic components. The firm also provides assembly services for whole products and is also active in renewable energy solutions and urban rail transit systems. The company is headquartered in Shenzhen, Guangdong, China, and its shares are listed on the Hong Kong and Shenzhen Stock Exchanges​​​​​​.

Founding and Growth

BYD was founded in 1995, with an initial focus on rechargeable phone batteries. In 2003, BYD ventured into the automotive industry by acquiring the state-owned automobile manufacturer Tsinchuan Automobile Company, which allowed it to commence car production under the BYD Auto brand. In the years to follow, BYD gained international recognition for its advancements in battery technology, particularly in lithium-ion batteries, which are used in mobile phones, electric EVs, and other electronic devices. Notably, Warren Buffet’s legendary Berkshire Hathaway invested in the company in 2009. BYD has continued to diversify its business operations, venturing into electric buses, trucks, monorail systems, and large-scale energy storage solutions.

BYD Auto

BYD Auto specializes in the development, manufacturing, and sale of various types of vehicles, focusing particularly on electric vehicles, which include battery-electric vehicles, plug-in hybrid electric vehicles, and hybrid electric vehicles. The business segment produces vehicles of all kinds, including private cars, commercial vehicles, trucks, buses, and more.

BYD Electronics

BYD's electronics business is a major global player in the manufacturing of components and providing assembly services for consumer electronics, telecommunications, and IT industries. It specializes in rechargeable batteries, with a product range that includes cell phone batteries, laptop batteries, and batteries for other portable electronics. This segment also produces photovoltaic products, including solar panels and solar energy storage solutions.

Besides automotive and electronics, BYD also operates an energy division, a rail transit division, a semiconductor division, and more.