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==History==
==History==
[[File:Byd us headquarter la.JPG|thumb|BYD US Headquarter in Los Angeles]]
[[File:Byd us headquarter la.JPG|thumb|BYD US Headquarter in Los Angeles]]
Founded in the February 1995<ref name="BYD2"/> and listed on the [[Hong Kong Stock Exchange]] on 31 July,<ref name="BYD Auto About">[http://www.byd.com/company.php?index=0 Company Profile] BYD Auto Official Site</ref> 2002,<ref name="BYD1">[http://www.byd.com.cn/Welcome to BYD] Company Introduction, BYD Official Site</ref> BYD Co Ltd began as a rechargeable-battery factory competing in the Chinese market against Japanese imports.<ref name=gunther/>
Founded in the February 1995<ref name="BYD2"/> and listed on the [[Hong Kong Stock Exchange]] on 31 July,<ref name="BYD Auto About">[http://www.byd.com/company.php?index=0 Company Profile] {{webarchive|url=https://web.archive.org/web/20090826100551/http://www.byd.com/company.php?index=0 |date=26 August 2009 }} BYD Auto Official Site</ref> 2002,<ref name="BYD1">[http://www.byd.com.cn/Welcome to BYD] Company Introduction, BYD Official Site</ref> BYD Co Ltd began as a rechargeable-battery factory competing in the Chinese market against Japanese imports.<ref name=gunther/>


===Early growth===
===Early growth===
Line 62: Line 62:


==Corporate affairs==
==Corporate affairs==
The company has its corporate headquarters in the [[Pingshan New Area]] in [[Longgang District, Shenzhen|Longgang District]], [[Shenzhen]], [[Guangdong| Guangdong province]]. Its North American headquarters are in [[Downtown Los Angeles]], and BYD has sales offices in various countries.<ref>"[http://bydit.com/doce/contact/ContactUs/index.html Contact Us]." BYD Company. Retrieved on 17 June 2015. "BYD COMPANY LIMITED Headquarters Add.: No.3009, BYD Road, Pingshan, Shenzhen, 518118, P.R.China " - [http://bydit.com/docc/contact/contact/index.html Chinese address]: "比亚迪股份有限公司 总部 地址：深圳市坪山新区比亚迪路3009号 邮编：518118 " - "BYD North America Headquarters Add.:1800 S. Figueroa Street, Los Angeles, CA90015, USA"</ref>
The company has its corporate headquarters in the [[Pingshan New Area]] in [[Longgang District, Shenzhen|Longgang District]], [[Shenzhen]], [[Guangdong| Guangdong province]]. Its North American headquarters are in [[Downtown Los Angeles]], and BYD has sales offices in various countries.<ref>"[http://bydit.com/doce/contact/ContactUs/index.html Contact Us] {{webarchive|url=https://web.archive.org/web/20150222193031/http://bydit.com/doce/contact/ContactUs/index.html |date=22 February 2015 }}." BYD Company. Retrieved on 17 June 2015. "BYD COMPANY LIMITED Headquarters Add.: No.3009, BYD Road, Pingshan, Shenzhen, 518118, P.R.China " - [http://bydit.com/docc/contact/contact/index.html Chinese address]: "比亚迪股份有限公司 总部 地址：深圳市坪山新区比亚迪路3009号 邮编：518118 " - "BYD North America Headquarters Add.:1800 S. Figueroa Street, Los Angeles, CA90015, USA"</ref>


==Innovation==
==Innovation==
The company has been recognized for innovation; for example it has developed technologies that allow mobile phone batteries to be made at room temperature rather than in expensive, heated dry rooms.<ref name=economistinn>[http://www.economist.com/specialreports/displaystory.cfm?story_id=15879359First break all the rules: A special report on innovation in emerging markets; The charms of frugal innovation] economist.com, 15 April 2010</ref>
The company has been recognized for innovation; for example it has developed technologies that allow mobile phone batteries to be made at room temperature rather than in expensive, heated dry rooms.<ref name=economistinn>[http://www.economist.com/specialreports/displaystory.cfm?story_id=15879359First break all the rules: A special report on innovation in emerging markets; The charms of frugal innovation] economist.com, 15 April 2010</ref>


In 2010, BusinessWeek ranked BYD the eighth most innovative company in the world, ahead of Ford, Volkswagen, and BMW,<ref name=businessweek>{{cite web|url=http://bwnt.businessweek.com/interactive_reports/innovative_companies_2010/ |title=The 50 Most Innovative Companies 2010 |publisher=[[BusinessWeek]] |accessdate=17 April 2010 | archiveurl= https://web.archive.org/web/20100418203357/http://bwnt.businessweek.com/interactive_reports/innovative_companies_2010/?| archivedate= 18 April 2010 | deadurl= no}}</ref> and that same year saw Fast Company ranking BYD as the 16th most innovative.<ref name=fastcompany>{{cite web|url=http://www.fastcompany.com/mic/2010 |title=The World's Most Innovative Companies 2010 |publisher=[[Fast Company (magazine)|Fast Company]] |accessdate=17 April 2010 | archiveurl= https://web.archive.org/web/20100419083851/http://www.fastcompany.com/mic/2010| archivedate= 19 April 2010 | deadurl= no}}</ref>
In 2010, BusinessWeek ranked BYD the eighth most innovative company in the world, ahead of Ford, Volkswagen, and BMW,<ref name=businessweek>{{cite web|url=http://bwnt.businessweek.com/interactive_reports/innovative_companies_2010/ |title=The 50 Most Innovative Companies 2010 |publisher=[[BusinessWeek]] |accessdate=17 April 2010 |archiveurl=https://web.archive.org/web/20100418203357/http://bwnt.businessweek.com/interactive_reports/innovative_companies_2010/ |archivedate=18 April 2010 |deadurl=no }}</ref> and that same year saw Fast Company ranking BYD as the 16th most innovative.<ref name=fastcompany>{{cite web|url=http://www.fastcompany.com/mic/2010 |title=The World's Most Innovative Companies 2010 |publisher=[[Fast Company (magazine)|Fast Company]] |accessdate=17 April 2010 | archiveurl= https://web.archive.org/web/20100419083851/http://www.fastcompany.com/mic/2010| archivedate= 19 April 2010 | deadurl= no}}</ref>


==Subsidiaries==
==Subsidiaries==
Line 74: Line 74:
===BYD (H.K.) Co Ltd===
===BYD (H.K.) Co Ltd===
Trading in NiCd, NiMH and Li-ion batteries and related products,<ref name="BYD 2008 Report"/> it is a wholly owned subsidiary of '''BYD Co Ltd''' that in turn wholly owns Golden Link Worldwide Limited.<ref name="BYD Electronic 2007 Report"/>
Trading in NiCd, NiMH and Li-ion batteries and related products,<ref name="BYD 2008 Report"/> it is a wholly owned subsidiary of '''BYD Co Ltd''' that in turn wholly owns Golden Link Worldwide Limited.<ref name="BYD Electronic 2007 Report"/>
*Golden Link Worldwide Ltd is an investment holding company [[Incorporation (business)|incorporated]] in the British Virgin Islands.<ref name="BYD 2008 Report"/> A wholly owned subsidiary of BYD (H.K.) Co Ltd,<ref name="reorg notice">{{cite web|url=http://notice.singtao.com/ADMA/01211/epdf/BYD(9).pdf |title=Further Reorganisation of the Be Group for the Proposed Spin-Off And Adjournment of Egms in Respect of the Proposed Spin-Off |format=PDF |date= |accessdate=12 October 2010 |deadurl=yes |archiveurl=https://web.archive.org/web/20110716074455/http://notice.singtao.com/ADMA/01211/epdf/BYD(9).pdf |archivedate=16 July 2011 |df= }}</ref> itself a wholly owned subsidiary of BYD Co Ltd,<ref name="BYD Electronic 2007 Report"/> as of 2007 Golden Link held nearly 70% issued share capital of [[BYD Electronic|BYD Electronic (International) Co Ltd]].<ref name="BYD Electronic 2007 Report"/>
*Golden Link Worldwide Ltd is an investment holding company [[Incorporation (business)|incorporated]] in the British Virgin Islands.<ref name="BYD 2008 Report"/> A wholly owned subsidiary of BYD (H.K.) Co Ltd,<ref name="reorg notice">{{cite web|url=http://notice.singtao.com/ADMA/01211/epdf/BYD(9).pdf |title=Further Reorganisation of the Be Group for the Proposed Spin-Off And Adjournment of Egms in Respect of the Proposed Spin-Off |format=PDF |date= |accessdate=12 October 2010 |deadurl=yes |archiveurl=https://web.archive.org/web/20110716074455/http://notice.singtao.com/ADMA/01211/epdf/BYD%289%29.pdf |archivedate=16 July 2011 |df= }}</ref> itself a wholly owned subsidiary of BYD Co Ltd,<ref name="BYD Electronic 2007 Report"/> as of 2007 Golden Link held nearly 70% issued share capital of [[BYD Electronic|BYD Electronic (International) Co Ltd]].<ref name="BYD Electronic 2007 Report"/>


===Shenzhen BYD Electronic Parts Co Ltd===
===Shenzhen BYD Electronic Parts Co Ltd===

Revision as of 08:10, 13 July 2017

For its automaker subsidiary, see BYD Auto.
BYD Co Ltd
比亚迪股份有限公司
Company typePublic
SEHK: 1211
SZSE: 002594
IndustrieRechargeable batteries and automobile manufacturing
Gegründet1995; 29 years ago (1995)
Hauptsitz
Shenzhen, Guangdong
,
China
Area served
China, Europe, America, and the Asia Pacific region.
Key people
Founder, Chairman & CEO Wang Chuanfu (王传福)
ProdukteGasoline and electric cars, battery-powered bicycles, rechargeable batteries and handset components.
RevenueUS$8.5 billion (2013)
121,757,004,000 renminbi (2023) Edit this on Wikidata
31,344,070,000 renminbi (2023) Edit this on Wikidata
Total assets679,547,670,000 renminbi (2023) Edit this on Wikidata
Owner
Number of employees
220,000 in 2017[2]
SubsidiariesBYD Automobile
BYD Electronic
Websitewww.byd.com
BYD Company
Simplified Chinese比亚迪股份有限公司
Traditional Chinese比亞迪股份有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinBǐyàdí Gǔfēn Yǒuxiàn Gōngsī

BYD Co Ltd is a Chinese manufacturer of automobiles and rechargeable batteries[3] with its corporate headquarters in Shenzhen. It has two major subsidiaries, BYD Automobile and BYD Electronic.

Hailed for its innovations,[4] BYD has grown to become a major manufacturer of rechargeable batteries, most notably mobile phone batteries.[5]

BYD topped the 2010 Bloomberg Businessweek Tech 100 list, a list of large, fast-growing tech companies.[6]

Name

The name BYD is an acronym derived from the phrase "build your dreams".[7]

History

BYD US Headquarter in Los Angeles

Founded in the February 1995[3] and listed on the Hong Kong Stock Exchange on 31 July,[8] 2002,[9] BYD Co Ltd began as a rechargeable-battery factory competing in the Chinese market against Japanese imports.[5]

Early growth

BYD grew quickly within ten years capturing more than half the world's mobile-phone battery market[10] and becoming the largest Chinese manufacturer (and in the top four worldwide) of all types of rechargeable batteries.[5] Replacing work done by machines with cheap, local labor lowered costs,[10] and the company began expanding beyond batteries adding automobiles and mobile phone components.

Automobiles

Main article: BYD Automobile

A year after the 2002 acquisition of Tsinchuan Automobile Co Ltd, BYD Automobile Co Ltd was born.[8] One of many Chinese automakers, in 2010 it was the sixth largest in terms of sales volume.[11]

Seeking to utilize BYD battery production resources, it sells electric cars in addition to gasoline-powered models.

Mobile phone components

Main article: BYD Electronic

Mobile phone components were added to the BYD product line in the early 2000s. But this business, BYD Electronic, was spun off in 2007.[12]

Corporate affairs

The company has its corporate headquarters in the Pingshan New Area in Longgang District, Shenzhen, Guangdong province. Its North American headquarters are in Downtown Los Angeles, and BYD has sales offices in various countries.[13]

Innovation

The company has been recognized for innovation; for example it has developed technologies that allow mobile phone batteries to be made at room temperature rather than in expensive, heated dry rooms.[4]

In 2010, BusinessWeek ranked BYD the eighth most innovative company in the world, ahead of Ford, Volkswagen, and BMW,[14] and that same year saw Fast Company ranking BYD as the 16th most innovative.[15]

Subsidiaries

The company has a number of subsidiaries, including BYD Auto. The following is an incomplete list.[2]

BYD (H.K.) Co Ltd

Trading in NiCd, NiMH and Li-ion batteries and related products,[2] it is a wholly owned subsidiary of BYD Co Ltd that in turn wholly owns Golden Link Worldwide Limited.[12]

Shenzhen BYD Electronic Parts Co Ltd

Production and sale of NiMH and NiCD batteries, hardware products, instruments and flexible printed circuit boards are performed by this subsidiary.[2]

Shenzhen BYD Microelectronics Co Ltd

Established in 2002,[17] it is responsible for the design, production and sale of ICs for use in the mobile phone industry.[18] It is registered as a sino-foreign joint venture.[2]

Shenzhen BYD Daimler New Technology Company

Main article: Denza

A joint venture with German Daimler AG, Denza focuses on producing electric vehicles that eschew the BYD brand name.

BYD Electronic Co Ltd

An investment holding company incorporated in the Cayman Islands.[2]

BYD Electronic Hungary Kft

Originally Mirae Hungary Industrial Manufacturer Ltd, and responsible for the manufacture and sale of mobile handset components, BYD Electronic Hungary Kft was purchased from Mirae Industry Co Ltd on 12 February 2008.[2] Prior to the purchase, it manufactured handset housings for Nokia.[2]

Foshan Jinhui Hi-tech Optoelectronic Material Co Ltd

A joint venture with Foshan Plastic Group Co Ltd and BYD (H.K) Co Ltd,[19] it manufactures material ion exchange membranes.[2]

Production bases and facilities

BYD has many production bases, including three locations in Shenzhen[20] (one of which is on the self-titled 'BYD Road' (simplified Chinese: 比亚迪路; traditional Chinese: 比亞迪路; pinyin: Bǐyàdí Lù) in Pingshan New District, Longgang District, Shenzhen),[20] as well as sites in Huizhou,[20] Shanxi,[3] and Shanghai.[3]

Auto production bases include an automobile assembly line in Xi'an, a K9 electric bus manufacturing plant in Dalian,[21] a module manufacturing plant in Beijing, an R&D center and nascent automobile assembly line in Shenzhen, and an R&D center in Shanghai.[8]

US operations can be found in Elk Grove Village, Illinois, and San Francisco, California.[5] BYD also acquired a site for a future North American headquarters in downtown Los Angeles, and has built and operates a manufacturing plant in Lancaster, California, near Los Angeles.[22]

BYD was unsuccessfully sued by Sony and Sanyo for patent infringement.[5] Foxconn has also brought a suit against the company for the same reason.[23]

In the media

See also

References

  1. ^ a b c "BYD Company". Retrieved 27 October 2016.
  2. ^ a b c d e f g h i j "BYD Co Ltd 2008 Annual Report" (PDF). Retrieved 12 October 2010.
  3. ^ a b c d Company Profile BYD Official Site
  4. ^ a b break all the rules: A special report on innovation in emerging markets; The charms of frugal innovation economist.com, 15 April 2010
  5. ^ a b c d e Marc Gunther (13 April 2009). "Why Warren Buffett is investing in electric car company BYD". Fortune. Archived from the original on 27 April 2009. Retrieved 2 May 2009. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  6. ^ "The Tech 100". BusinessWeek. Archived from the original on 24 May 2010. Retrieved 26 May 2010. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  7. ^ A Small Showing, but With Big Dreams NICK BUNKLEY Published: 12 January 2009
  8. ^ a b c Company Profile Archived 26 August 2009 at the Wayback Machine BYD Auto Official Site
  9. ^ to BYD Company Introduction, BYD Official Site
  10. ^ a b China, Inc. By Ted Fishman Google Books, page 215
  11. ^ China Car Market 101: Who Makes All Those 18 Million Cars? thetruthaboutcars.com, 19 January 2011
  12. ^ a b c d "BYD Electronic (International) Company Limited Annual Report 2007" (PDF). 2007. Retrieved 12 October 2010. "BYD Electronic"... was spun off from BYD Company Limited and listed on the Main Board of the Stock Exchange Hong Kong Limited on 20 December 2007. It is a world-leading vertically integrated provider of handset components and modules manufacturing as well as assembly services. The Company provides services to brand name vendors of handsets as original equipment manufacturers...
  13. ^ "Contact Us Archived 22 February 2015 at the Wayback Machine." BYD Company. Retrieved on 17 June 2015. "BYD COMPANY LIMITED Headquarters Add.: No.3009, BYD Road, Pingshan, Shenzhen, 518118, P.R.China " - Chinese address: "比亚迪股份有限公司 总部 地址：深圳市坪山新区比亚迪路3009号 邮编：518118 " - "BYD North America Headquarters Add.:1800 S. Figueroa Street, Los Angeles, CA90015, USA"
  14. ^ "The 50 Most Innovative Companies 2010". BusinessWeek. Archived from the original on 18 April 2010. Retrieved 17 April 2010. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  15. ^ "The World's Most Innovative Companies 2010". Fast Company. Archived from the original on 19 April 2010. Retrieved 17 April 2010. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  16. ^ "Further Reorganisation of the Be Group for the Proposed Spin-Off And Adjournment of Egms in Respect of the Proposed Spin-Off" (PDF). Archived from the original (PDF) on 16 July 2011. Retrieved 12 October 2010. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  17. ^ BYD Acquires SinoMOS tradingmarkets.com Wed. 8 October 2008
  18. ^ BYD Said to Buy Wafer Assets tradingmarkets.com Wed. 8 October 2008
  19. ^ Foshan Plastic Group starts special cell production.(NEWSDESK: Cooperation)(Foshan Jinhui High-Tech Photoelectric Material Co. Ltd.) China Chemical Reporter, 26 February 2006
  20. ^ a b c BYD Co Ltd Company Brochure BYD Auto Official Site
  21. ^ "港媒：比亚迪纯电动巴士大连下线 电池项目已正式启动". 凤凰财经 (in Chinese). Retrieved 29 December 2014.
  22. ^ For Illinois location, see "Chinese Auto Maker BYD Locating its North American Headquarters Downtown on Figueroa". blogdowntown. 30 April 2010. Archived from the original on 4 May 2010. Retrieved 1 May 2010. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  23. ^ a b Joanne Chiu and Alison Leung (29 September 2008). "Buffett's BYD endorsement sends shares soaring". Reuters. Retrieved 3 May 2009.
  24. ^ Car Designer Sees China’s Wheels Electric-powered BYD Press Release, 12 May 2009
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