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BYD's development history

DATE : Jan 11th, 2024
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BYD's development history

BYD's development history can be traced back to 1995, when it was a company focusing on battery technology. The following is the detailed development history of BYD:

1995: Company established

BYD was founded in 1995 by Wang Chuanfu and initially focused on the production of rechargeable batteries.
2002: Listed

BYD is listed on the Hong Kong Stock Exchange to obtain more funds for business expansion.
2003: Entered the automotive industry

BYD decided to enter the automobile manufacturing industry, initially focusing on traditional fuel-powered models.
2008: The world’s first plug-in hybrid car

BYD has launched F3DM (Dual Mode), the world's first mass-produced plug-in hybrid electric vehicle (PHEV).
2008: e6 electric car released

BYD launches the e6, an all-electric utility vehicle for urban transportation and taxi services.
2010: The world’s first pure electric car

BYD e6 was launched, becoming the world's first mass-produced pure electric sedan.
2011: Launch of "Qin" hybrid sedan

Launched the "Qin" hybrid sedan, which is a plug-in hybrid vehicle that uses BYD's own "dual-mode" hybrid technology.
2015: "Tang" plug-in hybrid SUV released


BYD launched the "Tang" plug-in hybrid SUV, introducing advanced electric technology and luxury features.
2015: Global leader in electric vehicle sales

BYD has emerged as the global electric vehicle sales leader in part due to its strong performance in China's domestic market.
2017: Launch of “Yuan” electric vehicle series

BYD has launched the "Yuan" electric vehicle series, which includes small electric sedans and electric MPVs.
Global business expansion:
BYD has gradually expanded its business scope to include electric vehicles, battery technology, new energy solutions and rail transportation.
R&D centers, sales and production bases have been set up around the world, including the United States, Europe, Brazil and other places.
Future outlook:
BYD continues to engage in technological innovation and is committed to the development of electric vehicles, battery technology and intelligent transportation.
The company plans to further strengthen its competitiveness in the global market and promote the popularization of electric vehicles.
Overall, BYD has grown from a battery manufacturing company to one of the world's leading electric vehicle manufacturers in just a few decades. Its development history reflects its continuous innovation and global layout in the field of new energy vehicles.


 
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