BYD (OTCMKTS:BYDDY) Co. Ltd. is a Chinese multinational firm headquartered in Shenzhen, Guangdong Province. Established in 1995 by Wang Chuanfu, the company originally focused on the manufacture of rechargeable batteries for mobile devices. Over the years, BYD has expanded its operations into the automotive sector, renewable energy, and electronics manufacturing. Today, it is recognized as one of the world’s leading producers of electric vehicles (EVs) and energy storage solutions.
The company’s automotive division designs, produces, and sells a diverse lineup of electric passenger cars, commercial vehicles, and buses. BYD’s “Blade” battery technology is widely adopted in its EV models, offering enhanced safety and energy density. In addition, the firm develops hybrid vehicles and gasoline-powered cars, though its strategic emphasis remains on fully electric drivetrains. BYD Auto has garnered a growing presence in markets including China, Europe, Latin America, and select regions in Asia and Africa.
Beyond the automotive segment, BYD’s Renewable Energy division specializes in the production of photovoltaic modules, energy storage systems, and smart grid solutions. The company leverages its expertise in battery chemistry to deliver integrated solar-plus-storage offerings for residential, commercial, and utility-scale applications. BYD’s energy products aim to support the global transition to cleaner power sources and enhance grid reliability.
Under the leadership of founder and Chairman Wang Chuanfu, BYD has pursued vertical integration across its core businesses, manufacturing key components such as batteries, electric motors, and electronic controls in-house. This strategy helps the firm maintain cost efficiencies and control over critical technologies. With research and development centers in China and abroad, BYD continues to invest in next-generation battery chemistries, autonomous driving systems, and sustainable mobility solutions for urban environments.
