Founded: 1995 in Shenzhen, China, by Wang Chuanfu.
Core Business: Started as a rechargeable battery manufacturer, entered the automotive industry in 2003.
Sales Performance (2023): Sold over 2.9 million vehicles, with EVs accounting for more than 60% of total sales.
Market Position: #1 in China’s EV market and among the top 3 global EV manufacturers.

Transition to EVs: In 2022, BYD became the first major automaker to completely phase out internal combustion engine (ICE) vehicles, focusing exclusively on hybrids and all-electric models.
Key EV Models:
- Qin Plus: An affordable sedan with a range of up to 600 km, targeting mass-market consumers.
- Denza: A luxury sub-brand offering premium EVs like the Denza D9, a high-end MPV competing with Tesla and NIO.
- Han EV: A flagship sedan with cutting-edge technology and a range of over 700 km, appealing to premium buyers.
Technological Innovations:
- Blade Battery: A breakthrough in battery safety and energy density, using lithium iron phosphate (LFP) chemistry. It’s fire-resistant, durable, and cost-effective.
- e-Platform 3.0: A modular EV platform designed for scalability, enabling faster production and lower costs.
- DM-i Hybrid System: A plug-in hybrid technology that combines fuel efficiency with electric performance.

Domestic Market Share: BYD dominates China’s EV market, with a 30% share in 2023.
International Expansion:
- Europe: Rapidly expanding in Norway, Germany, and the UK, offering models like the Tang SUV and Han EV.
- Southeast Asia: A key market for BYD, with Thailand being a major hub for EV production and sales.
- Japan: Entered the Japanese market in 2023, targeting commercial vehicles and passenger EVs.
- Latin America: Gaining traction in Brazil and Mexico, focusing on electric buses and affordable passenger cars.
Global Sales: In 2023, BYD sold over 500,000 EVs internationally, marking a 200% year-on-year growth.

Vertical Integration: BYD produces its own batteries, motors, and semiconductors, reducing reliance on external suppliers and lowering costs.
Cost Efficiency: Its control over the supply chain allows BYD to offer high-quality EVs at competitive prices.
Sustainability: BYD emphasizes eco-friendly manufacturing and battery recycling, aligning with global ESG (Environmental, Social, Governance) goals.
Diverse Portfolio: From affordable sedans to luxury SUVs, BYD caters to a wide range of consumers, ensuring broad market appeal.
R&D Leadership: BYD invests heavily in next-gen battery technology, including solid-state batteries, to maintain its technological lead.

Luxury Expansion: Launch more models under its Denza brand, targeting the premium segment.
Global Dominance: Aim to double international sales by 2025, with a focus on Europe and Southeast Asia.
Technological Advancements: Develop solid-state batteries and enhance autonomous driving capabilities.

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