What is the relationship between Fudi and BYD?
2 Answers
Fudi and BYD have the following relationship: Fudi is a subsidiary of BYD. BYD publicly announced the establishment of five Fudi companies to further accelerate the external sales of core components for new energy vehicles. The announced Fudi companies include: Fudi Battery Co., Ltd., Fudi Vision Co., Ltd., Fudi Technology Co., Ltd., Fudi Power Co., Ltd., and Fudi Mould Co., Ltd. Below is an extended introduction: Introduction to the BYD brand: BYD is a high-tech private enterprise with three major industry groups in IT, automotive, and new energy. Headquartered in Shenzhen, Guangdong, the company's business layout covers electronics, automobiles, new energy, and rail transit. The company has been listed on the Hong Kong Stock Exchange and the Shenzhen Stock Exchange.
From my in-depth exploration of new energy vehicles, the relationship between FinDreams and BYD is quite close. FinDreams is actually a wholly-owned subsidiary of BYD, specializing in battery production. As the parent company, BYD provides technical support and funding, while FinDreams focuses on innovative R&D like the Blade Battery. As an enthusiast of electric vehicle technology, I often follow forum discussions and know that FinDreams' batteries offer strong performance, extending range, which is widely used in BYD models like the Han and Song. This subsidiary model allows BYD to concentrate on vehicle production while FinDreams drives material advancements. I’ve heard their collaboration has reduced costs, greatly aiding EV adoption. I believe this relationship not only complements technology but also boosts industry competition, much like how domestic batteries stand out in the Tesla Model 3. Overall, understanding this background helps car buyers make wiser choices—consider this factor next time you switch to an EV.