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BYD (BYD Auto, Chinese: 比亚迪汽车有限公司), is an automobile manufacturer based in Shenzhen, founded by BYD Company which are known for their batteries. It is currently the largest electric vehicle manufacturer of the world. It operates brands such as BYD, Denza, Fangchengbao, and Yangwang. [15]
BYD e6 battery electric taxi in Shenzhen, China Foton BJ6129EVCA-N1 battery electric bus in Beijing, China E-bikes with an estimated fleet of 120 million in early 2010. The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) [1] and more than 1.5 million exports in 2023. [2]
Before 2017, foreign automotive companies establishing joint ventures in China had to adhere to two requirements. The ownership ratio for foreign manufacturers in joint ventures in China was not allowed to exceed 50%, with the common scenario being a 51:49 ownership ratio between the Chinese and foreign partners.
Other Chinese EV makers include Nio, Xpeng, and Li Auto. In Europe, inexpensive Chinese EVs have already arrived. BYD's Dolphin hatchback starts at $33,000 in Britain, according to Reuters, or ...
Pages in category "Electric vehicle manufacturers of China" The following 106 pages are in this category, out of 106 total. This list may not reflect recent changes .
The Chinese automotive industry holds a dominant position in the electric vehicle supply chain, with more than 600,000 EV-related enterprises operating in the country as of 2022. [132] [unreliable source?] Chinese manufacturers' share of the global EV battery market stood at 60% in 2022.
The BAIC EC-Series all-electric city car was the Chinese top selling plug-in car in 2017 with 78,079 units sold, making the city car the world's top selling plug-in car in 2017. The top selling plug-in hybrid was the BYD Song PHEV with 30,920 units. BYD Auto was the top selling Chinese car manufacturer in 2017. [7]
In the fourth quarter of 2023, BYD was the top-selling battery electric vehicle manufacturer in the world ahead of Tesla. [8] BYD is also the best-selling car brand in China since 2023, overtaking Volkswagen, which had held the title since the liberalisation of the Chinese automotive industry. [9]