BYD Articles
BYD, which stands for Build Your Dreams, is a Chinese multinational company known for its activities in various industries, with a primary focus on electric vehicles (EVs) and renewable energy solutions. It was started in 1995 by Wang Chuanfu in Shenzhen, China. Initially, BYD made rechargeable batteries and quickly became one of the world's largest producers of lithium-ion batteries for various applications.
In the early 2000s, BYD ventured into the automotive industry, introducing its first electric car, the BYD F3DM, in 2008. This made BYD one of the early pioneers in electric mobility in China. The Chinese brand gained international recognition when Warren Buffett's Berkshire Hathaway invested in the company in 2008, which helped bolster BYD's financial standing and global ambitions.
Over the years, BYD continued to expand its electric vehicle portfolio, offering various electric cars, buses, trucks, and monorails. The company's commitment to electric mobility and sustainable transportation solutions contributed to its strong position in the electric vehicle market, not only in China but also globally.
Apart from electric vehicles, BYD also became involved in other sectors, such as renewable energy, energy storage, and monorail transportation systems. Their renewable energy division manufactures solar panels and energy storage systems.
BYD has been actively pursuing its vision of sustainable development and clean transportation, further solidifying its position as one of the leading electric vehicle manufacturers in the world.