What does BYD do?

[LaBrandon]

In addition to manufacturing automobiles, BYD is also involved in battery and new energy businesses. Currently, BYD is the world's largest producer of rechargeable batteries. Here is a related introduction to the Buick Excelle: 1. BYD Company Limited was founded in 1995, starting with a team of over 20 people and initially producing secondary rechargeable batteries. By 1997, it began mass-producing lithium-ion batteries, and by 2003, it had grown to become the world's second-largest rechargeable battery manufacturer. In the same year, BYD established its automotive division. 2. After the establishment of BYD Auto, the company quickly focused on three main business areas: fuel-powered vehicles, electric vehicles, and hybrid vehicles. In its early days, to concentrate on infrastructure development and new car R&D, BYD only launched one model, the Flyer. 3. At that time, BYD introduced it under the concept of an 'economical and refined family sedan,' targeting the low-end market. Creating a 'good car' in a short time was clearly not an easy task. The approach BYD adopted was 'reverse engineering,' purchasing multiple car models for disassembly.