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BYD Auto Co., Ltd.
Native name
比亚迪汽车
TypeSubsidiary
IndustryElectric automotive
Founded2003; 19 years ago (2003)
Headquarters,
China
Area served
Worldwide
ProductsAutomobiles
Buses
Electric bicycle
Truck
Forklift
Rechargeable batteries
RevenueCNY 64.9 billion (2019)[1]
ParentBYD Co Ltd
SubsidiariesShenzhen BYD Daimler New Technology Co., Ltd. (50%)
Shenzhen BYD Auto Co. Ltd.
Changsha BYD Auto Co. Ltd.
Shaoguan BYD Auto Co. Ltd.
BYD Auto Sales Co., Ltd.
BYD. Mitsubishi Motors Co.Ltd (Wesing Motors)
Chinese name
Simplified Chinese比亚迪汽车
Traditional Chinese比亞迪汽車
Websitewww.bydauto.com.cn (Chinese)
www.byd.com (English)
Electric BYD bus at terminal in Landskrona, Sweden

BYD Auto Co., Ltd. ("Build Your Dreams") is the automotive subsidiary of the Chinese multinational BYD Co Ltd,[2] headquartered in Xi'an, Shaanxi Province.[3] It was founded in January 2003, following BYD Company's acquisition of Qinchuan Automobile Company in 2002.[4] The company produces cars, buses, trucks, electric bicycles, forklifts and rechargeable batteries. The current model range of automobiles includes electric vehicles, plug-in hybrid vehicles and petrol engine vehicles.

The Denza brand, a joint venture with Daimler AG, produces luxury electric cars.

As of 2021, BYD Auto is the world's second largest NEV carmaker in the world, with 329,408 units sold in January-September 2021.[5]

History[edit]

The BYD stand at the 2009 Central China High-Tech Fair in Shenzhen

BYD Co Ltd founded the wholly owned subsidiary BYD Auto in 2003, after acquiring the Qinchuan Machinery Works from Norinco in 2002 and raising HK$1.6 billion on the Hong Kong Stock Exchange.[6][7][8] The acquisition may have been made solely to acquire the passenger car production license held by the purchased company.[9] Qinchuan had been manufacturing cars since 1987, when the company began production of the 0.5 L (30.5 cu in) QJC7050 model.[10] At the time of the acquisition, its QCJ7181 Flyer was in production, which from 2005 was rebadged to the "BYD Flyer."

In 2008, a plug-in hybrid version of the BYD F3 compact sedan was introduced, the world's first production model plug-in hybrid car.[11][12] In September of that year, Warren Buffett took a HK$1.8 billion stake (US$ 230 million) in the company through Sino-American Energy Holdings.[8][13]

BYD's total car sales in 2009 were 448,400 vehicles, and the BYD F3 was the best-selling sedan in China that year.[12][14] In the same year, BYD began the export of its cars to Africa, South America and the Middle East, where the cars competed on price, not quality.[15]

In 2012, the city government of Shenzhen purchased 500 BYD e6 cars for use as taxis.[16] A total of 506,189 passenger cars were sold in China in 2013, making it the tenth-largest selling brand.[17]

In 2013, BYD was awarded The Top Crash Facility Award of the year 2013.[18]

In 2014, the BYD Qin plug-in hybrid compact sedan, the first model of BYD's new "Dynasty Series" (王朝系列), had total sales of 14,747 (plus a relatively small number of sales in Latin America),[19][20] In 2015, sales of the Qin increased to 31,898[21] and it was the 88th highest selling sedan in China.[22] In 2016, the BYD Tang plug-in hybrid SUV had 31,405 sales, the plug-in hybrid version of the Qin compact sedan had 21,868 sales and the BYD e6 electric compact MPV had 20,605 sales.[23] By 2016, total sales of the Qin were 68,655 cars.[23][24]

BYD US Headquarters in Los Angeles

In 2015, the company was planning to open factories in Brazil to produce electric cars and buses.[25] In July 2015, exports to Russia were suspended, due to the war in Ukraine and the falling value of the Russian currency.[26] BYD was the highest-selling brand of highway-legal light-duty plug-in electric vehicles (combined sales for plug-in hybrids and battery electric cars),[27] with 61,772 passenger vehicles sold, mostly plug-in hybrids.[28] BYD continued as the world's top-selling plug-in car manufacturer in 2016 with over 100,000 units sold, up 64% from 2015. BYD sold more than 100,000 new energy passenger cars in China in 2016. The BYD Tang crossover SUV was the top-selling plug-in car in China in 2016 with 31,405 units delivered.

BYD achieved top rankings in the 2015 J.D. Power's Quality Study.[29]

In September 2016, the company became the third-largest manufacturer of plug-in cars, with a total of 161,000 plug-in cars produced since 2008.[30] Also, in September 2016, the company introduced a range of electric sanitation truck models, to be used in Beijing.[31]

Since 2017, BYD has been negatively impacted by a reduction of subsidies granted by the Chinese government.[32][33][34][35]

In May 2020, BYD announced that it would start expanding in Europe, starting with Norway. BYD's launch will consist of the BYD Tang and a range of commercial vehicles.[36] However, Australia also announced that there will be 2000 BYD electric vehicles in the fleet, it will be in the part of the new taxi operator ETaxiCo. The fleet will be operated from three sites in the Northern Beaches Council area as part of a six-month trial, When the program launches – which is at this current time planned for following months depending on COVID-19 factors – it will be using 15 specially fitted e6 electric compact SUVs that have been imported by Nexport, with plans to expand the fleet to 120 by August.[37] It'll expected to be reaching the goal up to 2000 vehicles in the fleet by the end of 2021.

BYD will deliver a total of 1,002 electric buses to Bogota, the capital city of Colombia, by mid-2022,[38] after winning a contract for 406 electric buses in January 2021.[39]

Products[edit]

Former models[edit]

Current cars[edit]

Current transit buses[edit]

BYD K8A, K9FE, C9, C8, K6, T8SA, T3
  • BYD K6 electric bus (7m/23 ft)[41]
  • BYD K7 (K7M) electric bus (8m/26 ft)[41]
  • BYD K8 electric bus (10.5m/35 ft)[41]
  • BYD K9 (K9M and K9S) electric bus (12m/40 ft)[41]
  • BYD K10 electric bus (double decker, 10m/32 ft)[41]
  • BYD K11 electric bus (articulated, 18m/60 ft)[41]

Current coaches[edit]

BYD C9
  • BYD C6 electric coach (7m/23 ft)[41]
  • BYD C8 electric coach (10.5m/35 ft)[41]
  • BYD C9 electric coach (12m/40 ft)[41]
  • BYD C10 electric coach (14m/45 ft)[41]

Current vans[edit]

  • BYD T3 (commercial electric van)[42]
  • BYD Class 6 electric Step Van[43]

Current trucks[edit]

BYD T8 street sweeper truck
  • BYD T5 (Class 5 electric truck)[44]
  • BYD T7 (Class 6 electric truck)[44]
  • BYD T8 (Class 8 electric truck)
  • BYD T10 (Class 8 electric truck)
  • BYD 8TT (Class 8 electric semi-truck)
  • BYD Q1M / BYD 8Y (Class 8 Terminal tractor)[44][45][46]

BYD Design Center[edit]

In 2019, BYD launched its global design center, which is led by a team of industry veterans from Audi, Ferrari, and Mercedes-Benz. Leading the team is Wolfgang Egger. The carmaker unveiled its E-SEED GT, the first joint effort from the new design team, at the Auto Shanghai industry show in April 2019. The futuristic design concept reflects the sleek lines of the Chinese dragon, and the company plans to feature more Chinese cultural symbols in future models.[47]

Facilities[edit]

Industrial facilities consist of two manufacturing plants in Xi'an, an R&D center and manufacturing plant in Shenzhen (the headquarters of BYD Co Ltd), a manufacturing plant in Changsha, a manufacturing plant in Shaoguan, and an R&D center and parts plant in Shanghai.[48] Construction of a third manufacturing plant in Xi'an resumed in 2011, following the company being fined for illegal land use.[49]

Manufacturing plants for buses opened in Dalian, Liaoning province in late 2014[50] and Lancaster, California in May 2013.[51][52]

A factory was inaugurated in Brazil in 2015 for the production of electric buses. [53]

A bus plant was opened in 2019 in Newmarket, Ontario to handle orders in Canada.[54]

BYD has an electric bus assembly facilities in Europe in Komarom, Hungary.[55]

Joint Ventures[edit]

Denza[edit]

In May 2010, the Shenzhen BYD Daimler New Technology Co., Ltd., trading as "Denza" was established with Daimler AG[56] to produce luxury electric vehicles.[57] The Denza 500 model is based on the previous generation Mercedes-Benz B-Class.[58]

Toyota joint venture[edit]

BYD and Toyota announced a partnership to jointly develop BEVs in July of 2019.[59] On April of 2020, the partnership was formalized as a joint venture.[60] The partnership was reportedly instigated after Toyota executives were impressed by the value, design and quality of the BYD Tang hybrid.[61]

The joint venture is called BYD Toyota EV Technology Co., Ltd., with head offices in Shenzhen, China.

Sales[edit]

In 2010, BYD sold a total of 519,800 vehicles, representing 2.9% of the market in China and the sixth largest manufacturer.[48][62] In 2011, the BYD sales rank was outside the top ten.[63] In 2012, the company became the 9th largest car manufacturer in China, producing over 600,000 vehicles.[64]

The majority of vehicles are sold within China; however export markets include Bahrain, the Dominican Republic,[65][66] Ukraine[67] and Moldova.[68]

The North American headquarters opened in Los Angeles in 2011.[69] As of 2013 BYD Auto sells the e6 and Electric Bus in the United States as fleet vehicles only. BYD has supplied the Los Angeles Metro system with buses since 2015. A 2018 investigation by the Los Angeles Times found reliability issues with the BYD buses.[70]

Lawsuits and controversies[edit]

VICE Media Defamation[edit]

On April 27, 2020, BYD hired attorney Charles Harder and filed a federal civil complaint in U.S. District Court, Southern District of New York,[71] against VICE Media alleging defamation for a story that about BYD using forced Uyghur labor in its supply chain which was published on April 11, 2020.[72] BYD's case was dismissed with prejudice in March 2021.[73]

Nanjing electric vehicle fraud[edit]

In 2016, a peculiar suicide note started an investigation into government subsidy fraud.[74] The auto dealer had been facing bankruptcy and blamed BYD for his situation. According to the note, BYD had received government subsidies for 600 electric buses it had never produced. A single electric bus went for about 2 million yuan ($305,000 USD). Of 600 buses, the city had received only a few dozen. That year, the Finance Ministry fined five manufacturers (not including BYD) which had fraudulently obtained more than 1 billion yuan (US$153 million) worth of subsidies.[75] The companies were required to return the subsidies in full and also pay penalties worth an additional 50% of subsidies received.

According to the relatives of the man, BYD forced dealerships to increase EV inventories even though sales were bad.[74] In an attempt to clear inventories, dealerships tried selling to people from outside of Nanjing, while simultaneously trying to help them get temporary Nanjing residence documents. But Nanjing would not grant subsidies to outsiders and the dealerships wound up paying the subsides on 80% of vehicles sold.

Foxconn disputes[edit]

In addition to patent litigation[76] Foxconn sued BYD in Hong Kong and Illinois in 2007, alleging BYD poached 50 Foxconn employees and was complicit in the stealing of trade secrets to set up a competing cell phone manufacturing operation.[77] Court proceedings were brought before BYD Electronic was spun off by BYD later in 2007, delaying the public listing[78] on the Hong Kong stock exchange by half a year.[79]

Foxconn also opened proceedings in the district where BYD is headquartered, at the Shenzhen Intermediate People’s Court, which referred the case to the Supreme People’s Court, which in turn commissioned an appraisal by the Beijing JZSC Intellectual Property Forensic Center into files in BYD's possession which were alleged to belong to Foxconn. Eventually the Shenzhen court made the final judgment: BYD's files contained non-public information originating from Foxconn, which could bring economic benefits to the holders, thereby, BYD was found guilty of infringing Foxconn’s trade secrets.[78]

Afterwards, Foxconn withdrew the civil proceedings against BYD in mainland China, and sought criminal prosecution instead. On March 20, 2008, the former executive director and Vice President of BYD was arrested. Then on March 24 and 31 2008 two former employees of Foxconn were arrested and sentenced to 1 year and 4 months, and 4 years in prison respectively.[78]

BYD issued a counterclaim to Foxconn in Hong Kong court, alleging defamation and bribery of Chinese officials as well as intimidation on Foxconn's part.[77]

Employee overtime[edit]

On November 5 2021, a 36-year-old employee was found dead in a rented home. According to his relatives, his sudden death was due to high-intensity overtime work.[citation needed] The employee worked 12 hours a day, six days a week, with frequent night shifts. Such weeks, known as "996" are illegal in China. BYD claims his death was not a work-related injury, though no autopsy was ever performed, and has settled with his family for 200,000 yuan ($31,369).[80]

See also[edit]

References[edit]

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