BYD Automobile

BYD Automobile

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BYD Automobile

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BYD Automobile Co Ltd (simplified Chinese: 比亚迪汽车; Pinyin: Bǐyàdí Qìchē) is a Chinese automobile manufacturer based in Shenzhen, Guangdong Province. The firm was established in 2003 and is a part of BYD Co Ltd, an innovative rechargeable battery maker.For year established and parent company information, see BYD Auto Official Site
  • For parent company innovativeness, see


As of 2010 production capacity is estimated at 700,000 units/year, and that year's sales reached 519,800 making the company the sixth largest Chinese car-maker by units sold.For 2010 production capacity estimate, see wsj.com, OCTOBER 14, 2010
  • For 2010 sales figures, see thetruthaboutcars.com, January 19, 2011 2010 also saw continued popularity for its F3 model, which became the most-purchased car in China.


History



BYD Co Ltd created the wholly owned subsidiary BYD Auto a year after its 2002 acquisition of the Tsinchuan Automobile Company. While the Chinese State is credited with development of an indigenous auto industry,How the Chinese government promoted a global automobile industry. Wan-Wen Chu. Industrial and Corporate Change First published online: April 5, 2011. BYD Auto may have been created in the absence of a State policy explicitly supporting independently owned automobile...
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