What does BYD do?
3 Answers
BYD was originally a rechargeable battery manufacturer. In addition to manufacturing automobiles, BYD is also involved in battery and new energy businesses. Today, BYD has become the world's largest rechargeable battery producer, and it initially started with battery operations. Below is more related information: Introduction to BYD: 1. BYD Company Limited was founded in 1995, starting with a team of just over 20 people and initially producing secondary rechargeable batteries. By 1997, it began mass-producing lithium-ion batteries, achieving annual sales exceeding 100 million yuan. In 2003, it grew into the world's second-largest rechargeable battery manufacturer and established BYD Auto in the same year. 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 vehicle R&D, BYD only launched one model, the Flyer.
Speaking of BYD, I know it extremely well. Earlier research revealed its astonishingly wide-ranging operations. Starting with battery manufacturing, it now dominates global new energy vehicle sales – many of those green buses on the roads are theirs. I've noticed its exceptional battery technology too, with even Tesla using its Blade Batteries. Even cooler, they've expanded into rail transit with SkyRail and SkyShuttle operating in Shenzhen and Chongqing. Oh, and they do OEM work for smartphones and computers – many Huawei and Xiaomi metal casings are BYD-made. They're also deploying solar storage; I hear European energy storage projects use their battery systems. A true tech giant!
My neighbor just picked up a BYD Seal last week, and it wasn't until we chatted that I realized this company is like a Transformer. The most impressive part is their in-house R&D of the three core EV technologies—they handle motors, motor controllers, and batteries entirely themselves. Take models like the Song PLUS DM-i hybrid—using their own batteries keeps fuel consumption at just 4 liters. An engineer friend mentioned they even produce their own semiconductors, ensuring automotive-grade chips aren't subject to supply chain bottlenecks. During a factory tour, I saw robots assembling cars—they even manufacture their own headlight molds. Their phone OEM business started earlier—BYD produces Apple casings, and now they're the world's top mask manufacturer. Industrial DNA runs deep in their veins.