What exactly does the name 'BYD' mean?
1 Answers
The initials 'BYD' stand for 'Build-Your-Dreams,' which is the English abbreviation of the company's name. Although 'BYD' had no special meaning when the company was first established, over time, the name has evolved to carry a special significance. The initials 'BYD' coincidentally represent 'Build-Your-Dreams,' symbolizing the company's mission to help people achieve their dreams. Below is some relevant information about BYD: Brand History: 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. Originally a battery manufacturer, BYD's entry into the automotive industry was initially seen as an outsider's move. However, leveraging its 'independent intellectual property rights' and the acquisition of Qinchuan Auto, BYD gained a first-mover advantage over other newcomers. Brand Introduction: BYD Auto adheres to a development strategy of independent research, production, and branding, committed to creating affordable and high-quality vehicles for the masses. The product designs incorporate advanced international trends while aligning with the aesthetic values of Chinese culture.