BYD Company Limited, a leading high-tech multinational company founded in 1995 and listed on Hong Kong Stock Exchange and Shenzhen Stock Exchange, now operates in the four core fields of IT, automotive, new energy, and rail transit having expanded from a company that only produces and markets rechargeable batteries. The company employs approximately 220,000 people, and has over 30 industrial parks and production bases worldwide.
BYD focuses on mobile phones, PC parts and assemblies in the business field of IT. It provides OEM and ODM services related to batteries, parts and whole devices for leading technology companies including Apple, Samsung, Huawei, Bosch, Asus, Vivo etc.
In 2003, BYD entered the automotive business by purchasing the Tsinchuan Automobile Company Limited (now BYD Auto Company Limited) and started to develop national own brand automobiles.
Its automotive products include auto moulds and parts, high-end, medium-end and low-end fuel vehicles, dual mode electric cars and pure electric cars. Among these are traditional high quality fuel vehicles like the F3, F3R, F6, F0, S8, G3, M6, L3, G3R, S6, Song, Yuan and so on.
BYD follows the “Unique, Superior, Proactive and Leading” approach in the NEV field. In 2015, BYD initiated its “7+4 Full Market EV Strategy”, a strategy that aims to replace all fossil fuel consumption in the road transport field with electricity. From the initial new energy consumer vehicles, buses, taxis and forklifts, to the NEVs for such fields as road passenger transportation, coach, logistics vehicle, construction vehicle and sanitation vehicle, BYD keeps moving forward steadily. In 2017, BYD NEVs will further penetrate into the specialized fields of airports, ports, warehouse and mining, significantly enlarging its NEV footprint.
New Energy Business
With an annual production capacity about 1.5GW, BYD PV supplies products with a service life of up to 50 years and power degradation down to 0.3 to more than 30 countries and regions in five continents except Antarctica.
BYD's R&D organisation consists of the Central Research Institute, Auto Engineering Research Institute, and Electric Power Research Institute.
These operations are staffed by experienced professionals who undertake hardware design, software development, testing, and other related functions. BYD has also established a rigorous quality standard in design and development, which represents the company's dedication to excellence. BYD's R&D strength is the foundation of the company's success and future growth.
BYD maintains a people-oriented policy in human resources, focused on empowering and developing employees. It also seeks to establish a fair, equal, and open work environment which distributes success to its employees. BYD is committed to the values of equality, openness,
passion, and innovation, and continuously runs development programs that are technology-based and innovation-oriented. BYD has a high employee retention rate because it offers wide opportunities in career advancement, an excellent working environment, and enjoys strong loyalty for the company from employees.