BYD

BYD, or Build Your Dreams, is a well-known Chinese car and technology manufacturer. The business started out making batteries in the middle of the 1990s before diversifying into the automotive industry and creating some of the most advanced plug-in hybrid and electric vehicles. BYD's founder, Wang Chuanfu, recognized the imminent transition to electrified powertrains in the car industry and began creating its electric vehicles in 2003. The novel lithium-ion phosphate battery technology used by BYD to power its electric cars has several benefits over other battery chemistries currently used in EVs.

The F3DM, the automaker's first electric vehicle, was released in 2008, followed by the Qin plug-in hybrid in 2013. BYD made worldwide news in 2015 when it unveiled the world's first electric double-decker bus, which is now in use in London, Hong Kong, and several other European cities.

In 2019, BYD introduced the Han, an all-electric sedan with cutting-edge technology such as a Blade Battery, which provides better safety, greater energy density, and a longer life span when compared to conventional batteries. BYD is now one of China's biggest electric car manufacturers, producing over 600,000 EVs per year. The business has ambitious ambitions to grow its electric car production worldwide, focusing on markets in Europe, South America, and Southeast Asia.

In addition to producing electric vehicles, BYD has expanded into other forms of sustainable transit, including electric buses, forklifts, and tractors. The business claims that its electric vehicles can reduce running costs by up to 50% when compared to conventional diesel trucks, making them an appealing choice for transportation and distribution companies seeking to reduce their carbon footprint and operating costs.

Founded: 2003

Headquarters: Shenzen, China

Official Website: https://www.byd.com/