BYD Company Limited, whose name stands for Build Your Dreams, is a Chinese multinational conglomerate founded in 1995 by Wang Chuanfu in Shenzhen, Guangdong Province. Originally established as a rechargeable battery manufacturer, BYD has grown into one of the world's largest producers of electric vehicles, batteries, and renewable energy solutions. The company's automotive division produces a full range of electric and plug-in hybrid passenger cars, buses, trucks, and commercial vehicles, and BYD became the world's best-selling electric vehicle manufacturer by volume, surpassing Tesla in total NEV sales. BYD's proprietary Blade Battery, using lithium iron phosphate chemistry, has been praised for its safety, longevity, and cost-effectiveness, setting new standards in the EV battery industry. Beyond automobiles, BYD manufactures energy storage systems, solar panels, and LED lighting products, positioning itself as a vertically integrated clean energy company. The company has deployed thousands of electric buses in cities around the world and operates manufacturing facilities in China, the United States, Brazil, Hungary, Thailand, Indonesia, and other countries. BYD's semiconductor division also produces automotive-grade chips, reducing the company's dependence on external semiconductor suppliers. Listed on the Hong Kong and Shenzhen stock exchanges, BYD counts Warren Buffett's Berkshire Hathaway as a long-time investor. The company has expanded rapidly into international markets including Europe, Southeast Asia, Latin America, and the Middle East, offering competitively priced electric vehicles that have disrupted traditional automotive markets. BYD continues to innovate across batteries, vehicles, and energy systems as it pursues its mission to create a cleaner world.
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