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 expands promotion to cover more models

    BYD is aiming to sell at least 3 million NEVs in 2023, with nearly 2.4 million sold this year through the end of October.

  • Chinese shipbuilder starts work on vehicle carrier for BYD

    Guangzhou Shipyard has begun construction on the first of 2 vehicle carriers for BYD, capable of carrying up to 7,000 vehicles.

  • BYD Fang Cheng Bao to officially launch debut model Bao 5 on Nov 9

    Fang Cheng Bao began pre-sales of the Bao 5 on August 25, with a price range of RMB 300,000 to RMB 400,000.

  • BYD offers $1,370 limited-time discount on Qin Plus EV

    The Qin family was the third best-selling BYD model in October with 42,767 units sold.

  • BYD Oct sales breakdown: Song 63,965, Seagull 43,350

    With 63,965 units sold in October, the Song family continues to rank as the top-selling BYD model, up 1.79 percent from September.

  • BYD sells record 301,833 NEVs in Oct, its 6th consecutive month of record sales

    BYD sold a record 30,521 NEVs overseas in October, up 220.3 percent year-on-year and up 8.85 percent from September.

  • BYD starts offering limited-time discounts on several models to boost sales

    Customers who buy some of the models from BYD's Ocean lineup between November 1 and November 31 can get discounts of up to RMB 18,000.

  • BYD begins pre-sales of shooting brake style SUV Song L with starting price of $30,070

    The Song L is the second shooting brake-style SUV under the BYD umbrella, with the NEV maker's premium Denza brand's Denza N7 being the group's first such model.

  • BYD's auto business gross margin hits record high in Q3, analysts explain why

    BYD had a record gross margin of 25.7 percent for its auto business in the third quarter, a 4-percentage point improvement from the second quarter.

  • BYD's premium Yangwang brand opens 1st batch of 22 stores

    By the end of the year, Yangwang aims to open more than 90 directly-managed stores in more than 40 cities in China.