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World's largest battery manufacturer Origins: Amperex Technology Limited. BYD / FinDreams: 111 / 115 GWh +58% 16% Shenzhen, Guangdong, China 1995 focuses on LFP battery production for battery storage power stations and has introduced a blade battery technology which makes the application reasonable in mid-to long range term electric vehicles [3]
BYD's largest subsidiary, BYD Auto, was founded in 2003 and has grown to become the world's largest manufacturer of plug-in electric vehicles. [13] Since 2009, BYD's automotive business has contributed over 50% of its revenue. By 2023, it contributed over 80% of the company's total revenue.
By 2023, BYD continued to be the world's largest plug-in hybrid electric vehicle manufacturer and the second-largest battery electric vehicle manufacturer (after Tesla), with global market shares of 21.4% and 15%, respectively. [69] [70] BYD also held a 36% market share in the new energy vehicle segment in China as of September 2023. [71]
For more companies, head on over to 5 Biggest Electric Vehicle Companies in the World. Courtesy of Elon Musk and Tesla, the electric vehicle segment has become one of the hottest in the world.
Tesla pioneered and essentially proved the market for electric vehicles, and it's built an unrivaled brand and ecosystem in the EV industry. It's built the world's largest fast-charging network ...
Adaptation and demand for electric vehicles has picked up in recent years with deteriorating climate conditions […] We will take a look at the 15 biggest electric car companies in the world. To ...