Is BYD a domestic brand?
1 Answers
BYD is a domestic brand with independent intellectual property rights. Adhering to the development path of independent research and development, independent production, and independent branding, it is committed to creating truly affordable and high-quality vehicles for the people. The product design not only incorporates advanced concepts from international trends but also aligns with the aesthetic values of Chinese culture. Here are specific details about BYD: 1. BYD Company Limited was founded in 1995, starting with a team of just over 20 people. By 2003, it had grown into the world's second-largest rechargeable battery manufacturer and established BYD Auto in the same year. 2. Leveraging the resounding reputation of 'independent intellectual property rights' and the acquisition of Qinchuan Auto, BYD gained a first-mover advantage over other newcomers. 3. Within just one year, BYD Auto expanded its product line from the single 'Flyer' microcar to a comprehensive range of products, including A-class fuel vehicles, C-class fuel sedans, lithium-ion electric vehicles, and hybrid vehicles.