BYD (OTCMKTS:BYDDF) (OTCMKTS:BYDDF) is a Chinese manufacturer specializing in new energy vehicles, rechargeable batteries, and green energy solutions. Established in 1995 and headquartered in Shenzhen, the company began as a producer of nickel-cadmium batteries before expanding into a wide array of clean-energy applications. Over the years, BYD has developed a vertically integrated business model that spans research and development, manufacturing, and after-sales services for both consumer and industrial markets.
In the automotive sector, BYD offers a lineup of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) under its passenger car brands, as well as commercial vehicles such as buses and trucks. The company’s battery division produces lithium iron phosphate (LFP) cells and modules for automotive, energy storage, and consumer electronics applications. Complementing its vehicle and battery businesses, BYD operates a solar energy division that designs and manufactures photovoltaic panels, inverters, and energy storage systems for residential, commercial, and utility-scale projects.
Beyond China, BYD has expanded its global footprint with manufacturing facilities and sales networks in regions including Europe, North America, South America, Southeast Asia, and the Middle East. The company has forged strategic partnerships with governments and private enterprises to deploy electric bus fleets and urban rail transit systems. Its “SkyRail” monorail solution is designed to offer environmentally friendly alternatives for public transportation in densely populated cities.
Founded and led by Chairman Wang Chuanfu, BYD has grown from a small battery workshop into one of the world’s leading producers of electric vehicles and renewable energy technologies. The company’s ongoing investments in research and innovation aim to drive the adoption of sustainable mobility and energy storage solutions on a global scale.