What is the history of BYD Auto?
2 Answers
BYD Auto's history is as follows: 1. BYD's founding time: BYD Company Limited was established 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. 2. BYD Auto products: The product line of BYD Auto quickly expanded from the single 'Flyer' mini car to a full range of products including A-class fuel vehicles, C-class fuel sedans, lithium-ion electric vehicles, and hybrid vehicles. 3. BYD philosophy: BYD Auto adheres to a development path of independent research and development, independent production, and independent branding, aiming to create truly affordable and high-quality vehicles for the people. The product design not only incorporates advanced international trends but also aligns with the aesthetic concepts of Chinese culture.
The history of BYD sounds quite legendary to me. It started its battery business back in 1995, mainly supplying batteries to mobile phone manufacturers, which means it began from the ground up. Then in 2003, its founder Wang Chuanfu acquired Qinchuan Auto, officially entering the automotive industry. At that time, many people doubted whether a battery manufacturer could make cars. But when its first car, the F3, was launched in 2005, it became a hit due to its affordable price and reliable performance. Later, it gradually transitioned into the electric vehicle sector, introducing dual-mode hybrid technology in 2008, and in recent years, its Blade Battery technology and high-end models like the Han and Tang have become hugely successful. BYD not only dominates the Chinese market but also sells electric buses worldwide. I feel its story is like an inspirational drama, rising from grassroots to challenge Tesla and driving the entire electric vehicle wave. It really makes me look forward to what new innovations it will bring in the future.
