BYD Company

ImagineChina

    BYD is an acronym for “Build Your Dreams.” Its own dream began with rechargeable batteries, which BYD made for smartphone makers. That led to bigger batteries—powerful enough to be used in cars. In 2008, Warren Buffett’s Berkshire Hathaway took an 8.25% stake in BYD: That stake is now worth roughly $1.5 billion, and BYD has become the world’s top seller of electric vehicles themselves, shipping 108,000 units last year. BYD plans to sell batteries to other EV makers before the year is out, and is partnering with Baidu to build autonomous vehicles.

    Company Information

    Overall Score3
    SectorIndustrials
    IndustryAutomobiles
    CEOWang Chuan-Fu
    Websitewww.byd.com.cn
    Employees222,000
    HQ LocationShenzhen, China
    Revenues ($M) (Past 12 Months)$17,446
    Profits ($M) (Past 12 Months)$434
    Market Value as of Oct. 10, 2018 ($M)$17,854