BYD

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BYD is China's largest new energy vehicle (NEV) maker and one of the world's largest battery makers.
Founded: Feb 1995
Founder: Wang Chuanfu
Ticker: HKG: 1211
HQ: Shenzhen
2024 revenue: RMB 777.10 billion
Website: byd.com
  • BYD Han family sells 12,780 units in Jan, up 5.6% year-on-year

    This is the fifth consecutive month that the Han family has sold more than 10,000 units, with cumulative sales of 170,001 units since its launch in July 2020.

  • BYD sells 93,168 NEVs in Jan, up 362% year-on-year

    BYD sold 46,386 pure electric passenger vehicles and 46,540 plug-in hybrids in January.

  • BYD launches electric school bus in US that can supply power to grid

    The school bus is equipped with vehicle-to-grid technology and can be used as a power reserve when not transporting students.

  • BYD Semiconductor gets regulatory approval for IPO in Shenzhen

    BYD Semiconductor is expected to raise RMB 2 billion ($314 million) through the IPO.

  • BYD sees 70,000th all-electric bus roll off line

    BYD entered the bus business in 2009, and its first all-electric bus rolled off the production line in 2010 in the presence of Warren Buffett.

  • BYD seeks RMB 1 million from those who claim its vehicle caught fire

    BYD says the information, which is grossly inconsistent with the facts, seriously infringes on its legal rights.

  • BYD plans to conduct up to $4.3 billion in foreign exchange derivatives transactions as RMB appreciates sharply

    The RMB has appreciated about 8 percent against the US dollar last year, putting pressure on Chinese companies with overseas operations.

  • BYD raises prices of its NEVs in response to rising raw material prices and subsidy decline

    The price increase, which ranges from RMB 1,000-7,000, will take effect on February 1 and will not affect customers who have paid a deposit to sign up before then.

  • BYD sets up battery joint venture with FAW

    BYD and FAW Group have established a joint venture with a registered capital of RMB 1 billion, with a 51 percent and 49 percent stake, respectively.

  • BYD reportedly to supply batteries for SAIC-GM's PHEV models

    The partnership could involve the supply of tens of GWh of blade batteries.