The history of BYD

BYD Co., Ltd. was established in 1995 with a scale of more than 20 people. In 2003, it grew into the second largest rechargeable battery manufacturer in the world, and BYD Auto was established in the same year. BYD, which started with batteries, talks about building a car, which is nothing more than playing the role of a "layman". It is by using the resounding name of "independent intellectual property rights" that Qinchuan Automobile was acquired.

This gives BYD a first-Mover advantage over other novices. In just one year, BYD Auto's product line has rapidly expanded from a single Fowler mini-car to a full line of products including A-class fuel vehicles, C-class fuel vehicles, lithium-ion electric vehicles and hybrid electric vehicles.

BYD, a China automobile brand, was founded in 1995, mainly producing commercial vehicles, family cars and batteries. Starting from the scale of more than 20 people, it grew into the second largest rechargeable battery manufacturer in the world in 2003, and BYD Auto was established in the same year.

BYD Auto follows the development route of independent research and development, independent production and independent brand, and is determined to build a truly affordable national car. Product design not only draws lessons from the advanced concepts of international trends, but also conforms to the aesthetic concepts of China culture.

Extended data

Development concept:

BYD has always adhered to the development concept of "technology is king, innovation is the foundation", achieved all-round development with its R&D strength and innovative development model, and played a decisive role in many fields such as batteries, electronics, passenger cars, commercial vehicles and rail transit.

In the field of batteries, BYD has 100% independent R&D, design and production capacity. After more than 20 years of continuous innovation, its products have covered consumer 3C batteries, power batteries (lithium iron phosphate batteries and ternary batteries), solar batteries and energy storage batteries, forming a complete battery industry chain.

At present, BYD is the world's largest manufacturer of lithium iron phosphate batteries. In addition to new energy vehicles and rail transit, BYD's battery products are also widely used in new energy solutions such as solar power stations and energy storage power stations.

BYD is the world's leading supplier of solar energy and energy storage solutions. Its products have been exported to the United States, Germany, Japan, Switzerland, Canada, Australia, South Africa and other countries and regions. Its main customers include China State Grid, China Guangdong Nuclear Power Corporation, Chevron of the United States, Fennecon of Germany and A-style of Japan.

Baidu Encyclopedia-BYD