BYD is a Chinese company that makes new energy cars, buses, solar panels, and batteries.
The Chinese name of BYD is 比亚迪, Bi Ya Di.
The company brands its English name as Build Your Dreams.
According to BYD:
“BYD, which stands for Build Your Dreams, is the world’s leading electric vehicle company with proven innovative technology for cars, buses, trucks, forklifts, and rail systems.
BYD is dedicated to creating a truly zero-emission ecosystem offering technology for solar electricity generation, energy storage to save that electricity, and battery-electric vehicles powered by that clean energy.
BYD is the only Chinese automobile maker backed by Warren Buffett and has 220,000 employees across the globe.”
In March of 2022, BYD stopped making vehicles that use purely fossil fuels.
In June of 2022, BYD became the third largest automaker globally by measure of market capitalization. Read more on this story at Car News China.
Get more info on China related news links such as Car News China.
BYD’s global headquarters are in Shenzhen, China.
They supply the city of Shenzhen with electric vehicles for buses and taxis.
Shenzhen is now using 100% BYD electric buses for their municipal transportation fleet.
BYD has provided over 500 electric buses for use in London, England.
BYD has also supplied electric vehicles to Shenzhen’s law enforcement bureaus, according to Business Wire (A Berkshire Hathaway company).
BYD’s US headquarters are in Los Angeles, California.
The company highlights their commitment to American vendors and cities:
“A long-vacant and blighted building in downtown Los Angeles was rehabilitated into BYD’s North America headquarters.
BYD continues to invest in America, opening a forklift center in Rancho Dominguez, California in 2020, and establishing a network of service center across America to serve our customers.
All our bus models in service throughout the United States purchased with federal funds comply with Buy America 49 CFR Part 661 – Buy America, and 49 CFR Part 663.13, incorporating nearly 75% U.S. content.”
