BYD

Name

BYD

Legal name

BYD Company Limited

Website

https://en.byd.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Electric Vehicles

NAICS

Battery Manufacturing (33591), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Truck & Bus Bodies (3713), Industrial Trucks, Tractors, Trailors & Stackers (3537)

akta.pro primary industry

Automotive Batteries & 12V/Low-Voltage Energy Storage Manufacturing (IMACAJAJ)

akta.pro secondary industry

Industrial Material Handling & Warehouse Charging (forklift/AGV chargers, battery swapping) (IMAGAHAG)

Keywords

• Electric vehicles
• Battery technology
• Energy storage systems
• Commercial vehicles
• Passenger vehicles

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. New Energy Vehicles (NEVs): BYD generates primary revenue from electric and plug-in hybrid vehicles across passenger cars (Dynasty series, Ocean series), commercial buses, trucks, and forklifts. Global sales reached 419,211 vehicles in July 2026, representing 21.7% YoY increase.
2. Energy Storage Systems (ESS): BYD supplies battery energy storage solutions for residential, commercial, industrial, and utility-scale applications. The company secured major contracts including 11.275 GWh for Masdar's Abu Dhabi project and operates across 110+ countries.
3. Battery Cells and Components: BYD manufactures and supplies battery cells including LFP batteries to other manufacturers and is the world's largest seller of copper foils for lithium-ion batteries. Serves clients including LG Energy and other battery manufacturers.
4. Electric Forklifts and Material Handling: BYD produces electric forklifts with proprietary battery technology, targeting warehouse, manufacturing, and logistics operations globally.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

BYD manufactures and sells electric vehicles, rechargeable batteries, and energy storage systems. The product range spans battery-electric passenger vehicles for individual consumers and electric commercial vehicles (buses, trucks, and forklifts) for business customers, alongside batteries and stationary storage products.

Product overview

BYD (Build Your Dreams) is a vertically integrated clean energy technology company offering a comprehensive zero-emission ecosystem spanning electric vehicles, battery technology, and energy storage. The product portfolio centers on: electric passenger vehicles (Sealion, Seal, Dolphin, Atto series); commercial vehicles including electric buses (K7M-K11M), school buses, trucks (8R, 8TT, 8Y, 6F), and forklifts (ECB, ECC, PTP series); battery technology including the proprietary Blade Battery (LFP) and emerging solid-state batteries; energy storage systems (MC Cube, Battery-Box) ranging from residential to utility scale; SkyRail monorail transit systems; and charging infrastructure solutions. The ecosystem is unified by BYD's iron-phosphate battery technology, XUANJI Architecture for intelligent vehicles, and Flash Charging technology. The company operates across six continents with manufacturing facilities in China, US (Lancaster, CA), Brazil, Hungary, and other regions.

Differentiator

Problem solved

Functional benefit

Brands

• Dynasty Series: Passenger vehicle lineup under BYD brand
• Ocean Series
• DENZA
• YANGWANG
• FANGCHENGBAO
• Sealion
• Seal
• Dolphin
• Atto
• Song
• Tang
• Han
• Great Tang

Products and services

• Electric passenger vehicles Battery-electric passenger cars produced by BYD for individual consumer buyers as personal transportation.
• Electric commercial vehicles (buses and trucks) Battery-electric buses and trucks produced by BYD for commercial fleet operators and transit authorities.
• Electric forklifts Battery-powered material handling forklifts sold by BYD to logistics, warehousing, and industrial customers.
• Rechargeable batteries Rechargeable battery cells and packs manufactured by BYD for use in its own vehicles and for external sale.
• Stationary energy storage systems Grid-scale and commercial battery energy storage systems built by BYD for utility and business customers.

Quantifiable outcome

• 5-minute charging from 10% to 70% battery capacity
• +4 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core, regional and flagship.

• CovestrocoreStrategic or Co-development Partner · 13 July 2026Covestro and BYD signed MOU establishing long-term strategic partnership to co-develop advanced, sustainable material solutions for EVs, battery systems, energy storage, and next-generation technologies. Partnership shifts from traditional supplier-customer relationship to innovation-driven alliance. Covestro provides R&D resources, guarantees large-volume supply, and offers early access to new material innovations including polycarbonate, polyurethane, and Circular Intelligence portfolios with at least 25% alternative raw materials. BYD integrates Covestro into product development programs across automotive, battery, public transportation, and energy storage businesses.
• Kerman Khodro (Karmania)regionalChannel Partner/ Reseller/ Distributor · 22 May 2026Strategic partnership with Iran's largest private passenger car manufacturer to supply pure electric vehicles, hybrid vehicles, electric commercial vehicles, and rechargeable batteries. Partnership marks significant expansion of BYD's Middle East and Africa operations, with Iran positioned as vast potential market due to government focus on sustainable development.
• UEFAflagshipGTM or Marketing Partner · 14 June 2024BYD became Official Partner and Official E-Mobility Partner of UEFA EURO 2024, the first-ever NEV manufacturer sponsorship in Championship's history. BYD provides fleet of new energy vehicles for tournament stakeholders and showcases latest models at selected venues.
• SinopeccoreStrategic or Co-development PartnerComprehensive framework agreement with Sinopec, China's largest fuel retailer with over 30,000 service stations, to deploy BYD's second-generation Flash Charging systems capable of delivering up to 1,500 kW peak output. Partnership enables charging infrastructure expansion through existing fuel station network.
• Greenvolt PowerregionalTechnology or IntegrationGreenvolt Power commissioned Hungary's largest battery storage system (40 MW/80 MWh) using BYD battery units. The Buj project in Szabolcs-Szatmár-Bereg County was financed by UniCredit Bank Hungary with EUR 29 million government grants and revenue secured under 10-year cap-and-floor contract.
• MasdarflagshipTechnology or IntegrationLandmark 11.275 GWh battery supply contract for Masdar's Round The Clock project in Abu Dhabi, pairing 5.2 GW solar facility with 19 GWh battery storage. Contract provides enough battery capacity to build over 186,000 passenger EVs, deploying BYD's Haohan Blade Battery technology.
• StellantisregionalStrategic or Co-development PartnerBYD in discussions with Stellantis about acquiring idle European manufacturing plants including facilities in Italy. BYD prefers to operate plants independently rather than through joint ventures. Represents BYD's acceleration of European expansion amid rising fuel prices and demand for EVs.
• Government of MalaysiaregionalStrategic or Co-development PartnerBYD plans to collaborate with Malaysian government on electric vehicle development despite new import regulations requiring minimum CIF value of RM200,000 and 245 hp for fully imported EVs. Company exploring local assembly options.
• Khorfakkan Port AuthorityregionalStrategic or Co-development PartnerNew direct shipping route from Shenzhen's Xiaomo Port to Khorfakkan Port establishing strategic logistics corridor for Chinese EV exports to UAE and Middle East. Record 6,068 BYD EVs in inaugural shipment reduces maritime transit times by 3-5 days.
• ARENA (Australian Renewable Energy Agency)regionalStrategic or Co-development PartnerARENA provided additional $13.6 million funding to expand Amber Electric's V2G charging project, working with BYD and other manufacturers to address battery warranty concerns and establish charging standards. Scaling from 50 to 1,000 V2G-enabled households.

Scale indicators21 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Tesla: Tesla is the most direct peer across passenger EVs (Model 3/Y), commercial energy storage (Megapack), and battery technology. Both companies compete head-to-head in global passenger EV share, BESS utility-scale projects, and global brand presence.
• CATL (Contemporary Amperex Technology): CATL is the world's largest EV battery manufacturer and direct competitor in both automotive cells and grid-scale ESS. Combined, CATL and BYD control 55.6% of global EV battery installations, making them the two dominant players in the same core market.
• NIO: NIO is a Chinese premium passenger EV competitor with overlapping ADAS software investment and battery-swap infrastructure. Both compete for China's high-end EV buyer and share exposure to the same battery-supply economics.
• Xpeng: Xpeng is a Chinese EV peer competing on smart-driving features and mass-market passenger EVs. Both face the same domestic price war and export-market dynamics as Chinese NEV brands.
• Li Auto: Li Auto competes directly in the Chinese PHEV and large-SUV segments where BYD's DM-i and Song Ultra/Sea Lion models compete. Both companies are top-tier Chinese NEV sellers targeting the family/premium crossover buyer.
• Geely Auto Group: Geely is one of China's largest multi-brand auto groups with significant EV (Zeekr, Polestar, Geometry) and PHEV investments. It is a domestic volume competitor overlapping BYD's Dynasty/Ocean series in passenger and export markets.
• LG Energy Solution: LG Energy Solution is a global battery cell manufacturer supplying Western OEMs and competing in LFP/NMC. With BYD installing 194.8 GWh in 2025, LG is one of its closest peers in automotive battery scale and technology.
• Hyundai Motor Group: Hyundai/Kia is a global EV competitor with strong market share in Europe and Korea. Both compete in the mass-market passenger EV space and in emerging-market export destinations where Chinese and Korean brands head-to-head.

Broad incumbents

• Volkswagen Group: Volkswagen is a global automotive incumbent with an aggressive EV transition (ID series, PowerCo battery plants) and Chinese market JV exposure. It is a broad incumbent competing with BYD across passenger EVs and battery technology in both Europe and China.
• Stellantis: Stellantis is a global incumbent multi-brand auto group with major European footprint and emerging EV portfolio. BYD's discussions about acquiring Stellantis idle European plants underline their direct competition for European EV market share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BYDCompany
• Facebookfacebook.com/BYDUSA
• LinkedInlinkedin.com/company/byd-north-america

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BYD