BYD Company Limited (“BYD”), as one of the Top 500 Chinese Enterprises, specializes in four industries including IT, automobile, new energy and rail transit. Its shares are listed on both Hong Kong Stock Exchange and Shenzhen Stock Exchange.
Founded in February 1995, BYD started out with rechargeable battery business, and entered the automobile industry in 2003. In the meantime, it began to set foot on new energy industry. After 21 years’ development, by October 2016, BYD has 220,000 employees and 29 production bases across the world, with a total coverage of over 18 million sq m.
BYD has achieved comprehensive development by firmly adhering to its technology-based and innovation-oriented development concept and a development mode of vertical integration and integrated innovation.
As one of the world’s most competitive suppliers for EMS and ODM in IT field, BYD principally engages in rechargeable battery business, handset and computer components and assembly services, providing one-stop services including design, manufacturing, testing and assembly. Main customers of the business include Apple, Samsung, MicroSoft, Dell, Toshiba, HP, Huawei, Lenovo, ZTE and other industry leaders globally.
Currently, BYD is the world’s only automaker that simultaneously masters the technologies of batteries, electronic motor, electronic control, charging infrastructure, and automobile production. Since it launched the world’s first electric vehicle without reliance on professional charging systems in 2008, BYD has been keeping up innovations. Followed by the 7+4 Strategy (BYD Overseas "Go-To-Market Strategy"), BYD’s vehicle product mix covers seven conventional fields and four specialized fields. Seven conventional fields include private vehicles, battery electric taxis, battery electric buses, battery electric coaches, logistics vehicles, construction vehicles and waste management vehicles; while the four specialized fields refer to warehouse, ports, airports and mining operations. With high product quality and innovative operating mode, BYD’s new energy vehicles received wide acceptance from customers both at home and abroad and accounted for 11 per cent of the world’s market share in 2015, ranking the first in the world’s overall sale of new energy vehicles. By the end of October 2016, BYD’s new energy vehicles have been sold to 210 cities across 50 countries and regions in 6 continents around the world.
In the field of new energy, BYD has launched various products including solar energy stations, energy storage stations, electric forklifts and LED, providing new energy solutions integrating the generation, storage and utilization of electricity. In addition, BYD has won another world’s first: the first new energy enterprise to win a special award from UN’s Powering the Future We Want project.