BYD, which stands for Build Your Dreams, is a Chinese automobile manufacturer that specializes in producing electric vehicles, batteries, and energy storage solutions. The company was founded in 1995 and is headquartered in Shenzhen, China.
In addition to electric vehicles, BYD also produces traditional gasoline-powered vehicles and is a major supplier of rechargeable batteries for mobile phones and other electronic devices.
The company has made significant strides in the electric vehicle market, particularly in China, and has expanded to other countries such as the United States and Europe. In 2020, BYD sold over 420,000 vehicles, with nearly 190,000 being electric vehicles.
BYD has also been involved in other industries such as renewable energy and public transportation. The company has produced electric buses for cities around the world and has even launched a monorail system in China.
Overall, BYD is a major player in the electric vehicle market and has shown a commitment to sustainability and innovation.