Is BYD a State-Owned Enterprise or a Private Enterprise?

[MarleyLee]

BYD is a private enterprise. Here is relevant information about BYD Auto: BYD Brand Development: The BYD brand was born in Shenzhen and established in 1995, with businesses spanning four major industries: automobiles, rail transit, new energy, and electronics. In 2003, it grew to become the world's second-largest rechargeable battery manufacturer and established BYD Auto in the same year. BYD Auto follows a development path of independent research and development, independent production, and independent branding, dedicated to creating truly affordable and high-quality vehicles for the public. The product designs incorporate advanced international trends while aligning with the aesthetic concepts of Chinese culture. BYD Auto Products: In the automotive field, leveraging its technological research and innovation capabilities, BYD has mastered core technologies across the entire new energy vehicle industry chain, including batteries, chips, motors, and electronic controls. BYD's new energy vehicles have formed three major product series: passenger vehicles, commercial vehicles, and forklifts, covering seven conventional fields and four special fields.