BYD Company
BYD Company Limited or BYD (Chinese: 比亚迪; pinyin: Bǐyàdí) is a publicly listed Chinese multinational conglomerate manufacturing company headquartered in Shenzhen, Guangdong province, founded by Wang Chuanfu in February 1995. The company has several major subsidiaries: BYD Auto, which produces automobiles including passenger cars and electric buses; BYD Electronics, which produces electronic parts and assembly; and FinDreams, which produces automotive components and electric vehicle batteries.
The entrance of BYD headquarters in Pingshan, Shenzhen, China | |
| Company type | Public |
|---|---|
Traded as | SEHK: 1211 SZSE: 002594 |
| Industry | Conglomerate |
| Founded | 10 February 1995 |
| Founder | Wang Chuanfu |
| Headquarters | Shenzhen, Guangdong , China |
Area served | Worldwide |
Key people | Wang Chuanfu (chairman, CEO) |
| Products | Cars, buses, trucks, forklifts, automotive components, monorail train and buses, photovoltaic modules (solar panels), face masks, rechargeable batteries, energy storage and handset components |
| Revenue | CN¥602.31 billion (2023) |
Net income | CN¥30.04 billion (2023) |
| Total assets | CN¥679.54 billion (2023) |
| Total equity | CN¥140 billion (2023) |
| Owners |
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Number of employees | c.570,000 (2022) |
| Subsidiaries |
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| Website | www |
| Footnotes / references | |
| BYD Company | |||||||||||
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| Simplified Chinese | 比亚迪股份有限公司 | ||||||||||
| Traditional Chinese | 比亞迪股份有限公司 | ||||||||||
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BYD's largest subsidiary, BYD Auto, was founded in 2003 and currently is the world's largest electric vehicle manufacturer, with three other subsidiary brands Denza, Yangwang and Fangchengbao. Since 2009, BYD's automotive business has contributed above 50 percent of its revenue, reaching 76 percent in 2022. Through other subsidiaries, BYD also produces rechargeable batteries (mobile phone batteries, electric vehicle batteries and bulk storage), forklifts, solar panels, semiconductors, and rail transit network.