Description
BYD Company Limited or BYD is a publicly listed Chinese multinational conglomerate manufacturing company headquartered in Shenzhen, Guangdong, China.
It was founded by Wang Chuanfu in February 1995. The company has several major subsidiaries: BYD Auto that produces vehicles, BYD Electronic that produces electronic parts and assembly and FinDreams companies that produces automotive components.
BYD's largest subsidiary, BYD Auto was founded in 2003 and currently is the world's largest electric vehicle manufacturer. Since 2009, BYD's automotive business has contributed above 50 percent of its revenue, reaching 76 percent in 2022. Through other subsidiaries, BYD also produces rechargeable batteries (mobile phone batteries, electric vehicle batteries and bulk storage), forklifts, solar panels, semiconductors, and rail transit network.
