Which foreign car brand has BYD acquired?
2 Answers
BYD has not acquired any foreign car brands at present. Introduction to BYD: The new BYD logo will no longer use the original blue and white color scheme. The pattern has been changed to an oval shape with added light and shadow elements. Significant changes have been made to the font arrangement and graphic colors, highlighting the innovation, technology, and corporate culture essence of BYD automobiles, infusing the BYD brand with new meaning and vitality. BYD Automotive Business: In the automotive field, leveraging its technological R&D and innovation capabilities, BYD has mastered core technologies across the entire new energy vehicle industry chain, including batteries, chips, motors, and electronic controls. BYD's new energy vehicles have formed three major product series: passenger vehicles, commercial vehicles, and forklifts, covering seven conventional fields and four special fields.
BYD has been quite active in international expansion over the years, but there hasn't been a complete acquisition of a foreign automotive brand. The most notable deal I remember is their 2016 acquisition of Britain's Alexander Dennis Limited (ADL), which is no small player—it dominates the global double-decker bus market. This deal was particularly strategic: BYD gained access to their body manufacturing technology, while ADL utilized BYD's battery and motor systems to directly launch electric buses in Europe. Later, BYD also acquired Japan's Ogihara Mould, specializing in vehicle body manufacturing processes. BYD is smart with its acquisitions—they're all about technology. Whether it's acquiring companies or setting up factories directly, like the one in Hungary that serves the entire European market. Currently, BYD's most successful venture abroad is in the electric bus market, where it holds a significant market share.