BYD Company
From Wikipedia, the free encyclopedia
From Wikipedia, the free encyclopedia
BYD Company Limited (SEHK: 1211) (simplifeed Cheenese: 比亚迪股份有限公司; traditeeonal Cheenese: 比亞迪股份有限公司; pinyin: Bǐyàdí Gǔfēn Yǒuxiàn Gōngsī) is a Cheenese manufacturer o automobiles an rechargeable batteries[11] based in Shenzhen, Guangdong province. Hailed for its innovations, BYD haes grown tae become a major manufacturer o rechargeable batteries, maist notably mobile phone batteries.
 Logo since 2022 | |
| Public | |
| Industrie | Conglomerate |
| Foondit | Februar 1995 |
| Foonder | Wang Chuanfu |
| Heidquarters | Shenzhen, Guangdong, China |
Area served | Worldwide |
Key fowk | Wang Chuanfu (Chairman, CEO) |
| Products | Gasoline and electric cars, battery-powered bicycles, buses, trucks, forklifts, monorail train and buses, photovoltaic modules (solar panels), face masks, rechargeable batteries, energy storage and handset components. |
| Revenue |  RMB 424 billion (2022)[1] |
Net income | RMB 16.6 billion (2022)[1] |
| Tot assets | RMB 295.78 billion (2021)[2] |
| Tot equity | RMB 104.24 billion (2021)[2] |
| Awner | |
Nummer o employees | c.288,200 (2021)[2][9] |
| Subsidiaries | |
| Wabsteid | www.byd.com |
| BYD Company | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Semplifeed Cheenese | 比亚迪股份有限公司 | ||||||||||
| Tradeetional Cheenese | 比亞迪股份有限公司 | ||||||||||
| |||||||||||
Founded in the Februar o 1995[11] an leetit on the Hong Kong Stock Exchange on July 31,[12][13] 2002,[14] BYD Co Ltd began as a rechargeable-battery factory, competin in the Cheenese market against Japanese imports.[15] The foonder admits tae haein studied patents awned bi Sanyo an Sony, twa companies that later brocht IP lawsuits against BYD.[15]
BYD grew quickly; athin ten years capturin mair nor hauf the warld's mobile-phone battery market[16] an becomin the lairgest Cheenese manufacturer (an in the top fower warldwide) o aw types o rechargeable batteries.[15] Replacin wirk done bi machines wi cheap, local labor lowered costs,[16] an the company began expandin ayont batteries, addin automobiles an mobile phone components.
BYD Auto Co Ltd wis born a year efter the 2002 acquisition o Tsinchuan Automobile Co Ltd,[13] an mobile phone components wur addit tae its product line aroond the same time. But the mobile phone business, BYD Electronic, wis spun aff in 2007.[12][13][17]
The name BYD mey be an acronym derived frae either the company's Cheenese name[15] or frae the phrase "build yer dreams".[18]
BYD an aa derives income frae the lease o investment properties.[12]
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