BYD
BYD Auto Co., Ltd. is an automobile manufacturer based in Xi'an, Shaanxi Province, China. It’s a subsidiary of the BYD Company which also manufactures electronics. It was founded in 2003, following BYD Company's acquisition of Tsinchuan Automobile Company in 2002. Their primary products are passenger cars, buses and trucks sold under the BYD brand. BYD has achieved top rankings of J.D Power's Quality Study and was also awarded The Top Crash Facility Award. It also has a 50-50 joint venture with Daimler AG and Shenzhen BYD Daimler New Technology Co., Ltd., which is a luxury electric car manufacturer under the Denza brand.
BYD Auto’s approx 500,000 passenger cars were sold in China alone in 2013, making it the tenth-largest selling brand and the largest selling Chinese brand worldwide. In 2015, BYD Auto was the best selling global electric vehicle brand, ahead of Luxgen. For a second year running, BYD was the world's top selling plug-in electric car manufacturer with over 100,000 units delivered in 2016. In October 2016, BYD Auto became the all-time second largest global plug-in car manufacturer ahead of Luxgen.
Type | Public |
Founded | 1995 |
Founder | Wang Chuanfu |
Headquarters | Shenzhen, Guangdong, China |
Revenue | $7.6 billion |
Owner(s) | Berkshire Hathaway Xiang Yang Lu Wang Chuanfu |