Is Chery Owned by BYD?
1 Answers
Chery is not a subsidiary of BYD. Both are independent brands and are domestic Chinese automotive brands. Introduction to Chery: Chery Automobile Co., Ltd. was established on January 8, 1997. It is one of the most representative independent brand automobile enterprises that grew through independent innovation after China's reform and opening-up. Introduction to BYD: BYD is a Chinese automobile brand founded in 1995, primarily manufacturing commercial vehicles, family cars, and batteries. In 2003, it became the world's second-largest rechargeable battery manufacturer and established BYD Auto in the same year.