The company has a number of subsidiaries, including BYD Auto. Please help update this article to reflect recent events or newly available information. Bishan rubber-tyred tram in Chongqing is operational. SkyShuttle Rubber-tyred tram īYD also have a rubber-tyred tram product, known as "SkyShuttle". BYD is also part of a consortium that was awarded a pre-development contract to build a monorail from the San Fernando Valley to LAX via the Sepulveda Pass in Los Angeles. Since then BYD has begun construction of a number of systems around the world including the Guang'an Metro and the Guilin Metro in China, Line 17 in São Paulo and the SkyRail Bahia, both in Brazil. The first public Skyrail line opened as a 9.7 km (6.0 mi) long loop line in Yinchuan's flower expo in 2018. In 2016, BYD unveiled a working monorail prototype marketed as "Skyrail" and announced they will enter the global rail transit market. On April 3, 2022, BYD announced its intention to end production of combustion engine vehicles and focus only on electric vehicles. One of many Chinese automakers, in 2010 it was the sixth largest in terms of sales volume. Automobiles Ī year after the 2002 acquisition of Tsinchuan Automobile Co Ltd, BYD Automobile Co Ltd was born. Replacing work done by machines with cheap, local labor lowered costs, and the company began expanding beyond batteries adding automobiles and mobile phone components. BYD topped the 2010 Bloomberg Businessweek Tech 100 list, a list of large, fast-growing tech companies. Early growth īYD grew quickly within ten years capturing more than half the world's mobile-phone battery market and becoming the largest Chinese manufacturer (and in the top four worldwide) of all types of rechargeable batteries. Plug-in hybrids with internal combustion engines are not fully electric vehicles. This claim is based on BYD sales figures that include over 300,000 plug-in hybrid vehicles sold in the first six months of 2022. In 2022, it was claimed in a news report that BYD surpassed Tesla for the world's most electric vehicle sales. History įounded in February 1995 and listed on the Hong Kong Stock Exchange on 31 July 2002, BYD Co Ltd began as a rechargeable-battery factory competing in the Chinese market against Japanese imports. ![]() Ĭhairman Wang Chuanfu explained in 2022 that the "BYD" name as simply the pinyin initials of the company's Chinese name Biyadi, which itself was created to be unique and distinctive from existing trade marks however, the company later back-formed a slogan, " Build Your Dream", to fit the "BYD" name. It has grown to become a major manufacturer of automobiles (most notably full-electric and hybrid cars, buses, trucks, etc.), battery-powered bicycles, forklifts, solar panels and rechargeable batteries ( mobile phone batteries, electric vehicle batteries and renewable bulk storage). BYD Company manufactures automobiles, buses, electric bicycles, trucks, forklifts, solar panels and rechargeable batteries. The company has two major subsidiaries, BYD Auto and BYD Electronic. It was founded by Wang Chuanfu in February 1995. (Chinese: 比亚迪股份有限公司) is a publicly listed Chinese conglomerate manufacturing company headquartered in Shenzhen, Guangdong, China. ![]() ![]() Bei2 aa3 dik6 gu2 fan6*2 jau5 haan6 gung1 si1īYD Co.
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