What is the business scope of BYD?
1 Answers
BYD initially produced rechargeable batteries and lithium-ion batteries before entering the automotive industry and developing new energy vehicles. In addition to manufacturing passenger vehicles, BYD also produces commercial vehicles and engineering vehicles. Its latest product is the super hybrid system paired with blade batteries. Additional information is as follows: 1. Introduction: BYD's brand operations include automotive business (producing passenger and commercial vehicles), rail transit business, battery production, photovoltaic business, energy storage business, e-commerce business, and OEM services for mobile phones and their batteries. It has also established a joint venture with Daimler Group to launch the Denza automotive brand. 2. Establishment: Founded in 1995, BYD initially focused solely on battery production before expanding into the automotive sector. It has developed significant capabilities in the new energy industry. BYD independently researches, develops, and manufactures its new energy vehicles, which are not only sold domestically but also exported to various international markets.