The company produces passenger cars, buses, trucks, electric bicycles, forklifts and rechargeable batteries. The current model range of automobiles includes battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), and the company also produced petrol engine vehicles up until March 2022.
The company has mainly based its sales in Mainland China, but is undertaking rapid expansion into the global market, with sales hitting over 100,000 per month in March 2022, and is expecting to sell between 1.5 million to 2 million plug-in EVs in 2022, around 3 to 4 times the volume in 2021. In June 2022, BYD Auto announced that it had sold about 641,000 EVs in the first half of 2022, overtaking Tesla to become the largest EV manufacturer in the world.
The company also has an electric battery division, FinDreams Battery, which is the world's fourth largest producer of electric vehicle batteries with a global market share of 8.8%, and a focus mainly on lithium iron phosphate batteries.
(WOWTIMES) BYD’s history and achievements
- 2003: BYD Co Ltd founded the wholly owned subsidiary BYD Auto
- 2008: A plug-in hybrid version of the BYD F3 compact sedan was introduced, the world's first production model plug-in hybrid car
- 2009: BYD began the export of its cars to Africa, South America and the Middle East, where the cars competed on price
- 2012, the city government of Shenzhen purchased 500 BYD e6 cars for use as taxis.
- 2013: A total of 506,189 passenger cars were sold in China, making it the tenth-largest selling brand. BYD was awarded The Top Crash Facility Award of the year 2013.
- 2015: the company was planning to open factories in Brazil to produce electric cars and buses. The BYD Tang crossover SUV was the top-selling plug-in car in China in 2016 with 31,405 units delivered.
- 2016: the company became the third-largest manufacturer of plug-in cars, with a total of 161,000 plug-in cars produced since 2008.
- 2019, BYD launched its global design center, which is led by a team of industry veterans from Audi, Ferrari, and Mercedes-Benz.
- 2022: BYD announced that it has stopped the production of all automobiles powered only by gasoline engines, with the final gasoline model rolling off the assembly line, and will turn its focus to manufacturing innovative high-tech battery electric and plug-in hybrid cars and trucks. BYD Auto announced that it had sold about 641,000 EV's in the first half of 2022, overtaking Tesla to become the largest EV manufacturer in the world.
According to Wikipedia