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Revision as of 07:44, 10 November 2020

BYD Auto Co., Ltd.
Native name
比亚迪汽车
Company typeSubsidiary
IndustryAutomotive
Founded2003; 21 years ago (2003)
Headquarters,
China
Area served
Worldwide
ProductsAutomobiles
Buses
Electric bicycle
Truck
Forklift
Rechargeable batteries
RevenueCNY 64.9 Billion (2019)[1]
ParentBYD Co Ltd
SubsidiariesShenzhen BYD Daimler New Technology Co., Ltd. (50%)
Shenzhen BYD Auto Co. Ltd.
Changsha BYD Auto Co. Ltd.
Shaoguan BYD Auto Co. Ltd.
BYD Auto Sales Co., Ltd.
BYD. Mitsubishi Motors Co.Ltd (Wesing Motors)
Chinese name
Simplified Chinese比亚迪汽车
Traditional Chinese比亞迪汽車
Transcriptions
Standard Mandarin
Hanyu PinyinBǐyàdí Qìchē
Websitewww.bydauto.com.cn (Chinese)
byd.com (English)

BYD Auto Co., Ltd. is the automotive subsidiary of the Chinese multinational BYD Co Ltd,[2] which is based in Xi'an, Shaanxi Province.[3] It was founded in January 2003, following BYD Company's acquisition of Tsinchuan Automobile Company in 2002.[4][5] The company produces automobiles, buses, electric bicycles, forklifts, rechargeable batteries and trucks. The current model range of automobiles includes electric vehicles, plug-in hybrids and petrol-engined vehicles.

The Denza brand, a joint venture with Daimler AG, produces luxury electric cars.

Electric bus at terminal in Landskrona, Sweden

History

The Qinchuan QCJ7081 Flyer, later sold as a BYD
The BYD stand at the 2009 Central China High-Tech Fair in Shenzhen

BYD Co Ltd created the wholly owned subsidiary BYD Auto a year after its 2002 acquisition of the Norinco-owned Qinchuan Machinery Works,[6] which may have been made solely to acquire the passenger car production license held by the purchased company.[7] Qinchuan had been manufacturing cars since 1987, when the company began production of the 0.5 L (30.5 cu in) QJC7050 model.[8] At the time of the acquisition, the QCJ7181 Flyer was in production, which from 2005 was rebadged to the "BYD Flyer."

In 2008, a plugin hybrid version of the BYD F3 compact sedan was introduced.[9] Total sales in 2009 were 448,400 vehicles.[10] In the same year, BYD began the export of its cars to Africa, South America and the Middle East, where the cars competed on price, not quality.[11]

In 2012, the municipal government of Shenzhen purchased 500 BYD E6 cars for use as taxis.[12] A total of 506,189 passenger cars were sold in China in 2013, making it the tenth-largest selling brand.[13]

In 2013, BYD was awarded The Top Crash Facility Award of the year 2013.[14]

In 2014, the BYD Qin plug-in hybrid had total sales of 14,747 (plus a relatively small number of sales in Latin America),[15][16] In 2015, sales of the Qin increased to 31,898[17] and the Qin was the 88th highest selling sedan in China.[18] In 2016, the BYD Tang plug-in hybrid SUV had 31,405 sales, the plug-in hybrid version of the Qin compact sedan had 21,868 sales and the BYD e6 electric compact MPV had 20,605 sales.[19] By 2016, total sales of the Qin were 68,655 cars.[19][20]

BYD US Headquarter in Los Angeles

In 2015, the company was planning to open factories in Brazil to produce electric cars and buses.[21] In July 2015, exports to Russia were suspended, due to the war in Ukraine and the falling value of the Russian currency.[22] BYD was the highest selling brand of highway legal light-duty plug-in electric vehicles (combined sales for plug-in hybrids and battery electric cars),[23] with 61,772 passenger vehicles sold, mostly plug-in hybrids.[24] BYD continued as the world's top selling plug-in car manufacturer in 2016 with over 100,000 units sold, up 64% from 2015. BYD sold more than 100,000 new energy passenger cars in China in 2016. The BYD Tang was the top selling plug-in car in China in 2016 with 31,405 units delivered.

BYD achieves top rankings of 2015 J.D Power's Quality Study.[25]

In September 2016, the company became the third largest manufacturer of plug-in cars, with a total of 161,000 plug-in cars produced since 2008.[26] Also in September 2016, the company introduced a range of electric sanitation truck models, to be used in Beijing.[27]

Since 2017, BYD has been negatively impacted by a reduction of subsidies that were granted by the Chinese government.[28][29][30][31]

In May 2020, BYD announced that it would start expanding in Europe, with Norway first. BYD's launch will consist of the Tang SUV and a range of commercial vehicles.[32] however, Australia also announced that there will be 2000 BYD electric vehicles in the fleet, it will be in the part of the new Taxi operator ETaxiCo. The fleet will be operated from three sites in the Northern Beaches Council area as part of a six month trial, When the program launches – which is at this current time planned for next month depending on COVID-19 factors – it will be using 15 specially fitted e6 electric compact SUVs made by Warren-Buffet backed EV and battery maker BYD that have been imported by Nexport, with plans to expand the fleet to 120 by August. [33]

Products

Former models

Current cars

  • BYD e1 city car based on the F0 (electric vehicle)
  • BYD S2 subcompact SUV based on the Yuan (electric vehicle)
  • BYD e2 compact hatchback (electric vehicle)
  • BYD e3 compact sedan (electric vehicle)
  • BYD e5 compact sedan (electric vehicle)
  • BYD e6 compact MPV (electric vehicle)
  • BYD F3 compact sedan (petrol engine)
  • BYD Han mid-size sports sedan (plug-in hybrid / electric vehicle)
  • BYD Qin compact sedan (petrol engine / plug-in hybrid / electric vehicle
  • BYD Song compact SUV (petrol engine / plug-in hybrid / electric vehicle)
  • BYD Song Max MPV (petrol engine / plug-in hybrid / electric vehicle)
  • BYD Tang mid-size SUV (petrol engine / plug-in hybrid / electric vehicle)
  • BYD Yuan subcompact SUV (electric vehicle)

Current transit buses

BYD K8A, K9FE, C9, C8, K6, T8SA, T3
  • BYD K6 electric bus (7m/23 ft)[35]
  • BYD K7 electric bus (8m/26 ft)[35]
  • BYD K8 electric bus (10.5m/35 ft)[35]
  • BYD K9 electric bus (12m/40 ft)[35]
  • BYD K10 electric bus (double decker, 10m/32 ft)[35]
  • BYD K11 electric bus (articulated, 18m/60 ft)[35]

Current coaches

BYD C9
  • BYD C6 electric coach (7m/23 ft)[35]
  • BYD C8 electric coach (10.5m/35 ft)[35]
  • BYD C9 electric coach (12m/40 ft)[35]
  • BYD C10 electric coach (14m/45 ft)[35]

Current vans

  • BYD T3 (commercial electric van)[36]
  • BYD Class 6 electric Step Van[37]

Current trucks

BYD T8 street sweeper truck
  • BYD T5 (Class 5 electric truck)[38]
  • BYD T7 (Class 6 electric truck)[38]
  • BYD T8 (Class 8 electric truck)
  • BYD T10 (Class 8 electric truck)
  • BYD 8TT (Class 8 electric semi-truck)
  • BYD Q1M / BYD 8Y (Class 8 Terminal tractor)[38][39][40]

BYD Design Center

In 2019, BYD launched its global design center, which is led by a team of industry veterans from Audi, Ferrari, and Mercedes-Benz. Leading the team is Wolfgang Egger. The carmaker unveiled its E-SEED GT, the first joint effort from the new design team, at the Auto Shanghai industry show in April 2019. The futuristic design concept reflects the sleek lines of the Chinese dragon, and the company plans to feature more Chinese cultural symbols in future models.[41]

BYD Auto had been accused of taking designs from other manufacturers. Articles claimed BYD F1 "is a clear copy of the Toyota Aygo,"[42] that the BYD S6 "closely apes the Lexus RX",[43] the BYD F3 "is a copycar of the Toyota Corolla[44] the BYD S8 has a similar appearance to a Mercedes-Benz SL-Class,[45] and the BYD F8 "features an almost identical Mercedes-Benz CLK front-end and Renault Megane CC rear".[46] Although the U.S. government had been advised by its consul-general in Guangzhou, China that BYD uses an approach of "copying and then modifying car designs." Chinese courts ruled BYD has not infringed on patents.[47]

Settled Albuquerque bus claim

In December 2018, the Albuquerque council filed a lawsuit against BYD for "issues including bolts falling off doors, doors opening on their own and battery range issues".[48] BYD disputed the city's allegations and disputed Mayor Tim Keller's "false and misleading statements." [49] The lawsuit was settled with no money changing hands. A joint statement was issued in May 2019.[50]

Facilities

Facilities consist of two manufacturing plants in Xi'an, an R&D center and manufacturing plant in Shenzhen (the headquarters of BYD Co Ltd), a manufacturing plant in Changsha, a manufacturing plant in Shaoguan, and an R&D center and parts plant in Shanghai.[51] Construction of a third manufacturing plant in Xi'an resumed in 2011, following the company being fined for illegal land use.[52]

Manufacturing plants for buses opened in Dalian, Liaoning province in late 2014[53] and Lancaster, California in May 2013.[54][55]

Denza joint venture

In May 2010, the Shenzhen BYD Daimler New Technology Co., Ltd., trading as "Denza" was established with Daimler AG[56] to produce luxury electric vehicles.[57] The Denza 500 model is based on the previous generation Mercedes-Benz B-Class.[58]

Toyota joint venture

On April 2nd 2020, BYD and Toyota announced a new joint venture between the two companies with the aim of "developing BEVs (Battery Electric Vehicles) that appeal to customers."[59] This is partially due to the fact that Toyota, despite being among the first automotive manufacturers to start developing Hybrid vehicles, has been the slowest in the industry to move towards fully electric ones.[60] This reluctance to move to electric vehicles has lead to the world's largest automotive company lagging behind other large competitors in terms of its ability to produce electric cars, which is why they have partnered with BYD.[61]

The new company is to be called BYD TOYOTA EV TECHNOLOGY CO., LTD., with it's head office in Shenzhen, Guangdong Province. The CEO of the company Zhao Binggen commented:[62]

“This joint venture company will focus on the research and development of battery electric vehicles with technology and know-how from both China and Japan. The company is committed to promoting and populating high-quality technologies that make battery electric vehicles more environmentally friendly, safe, comfortable, and intelligent. Our vision is to create a future customer-first mobility style, and a harmonious society for humans and nature.”

This joint venture should help Toyota's goal to have half of its total sales to be in electrified vehicles by the year 2025. [63]

Sales

In 2010, BYD Auto sold a total of 519,800 vehicles, representing 2.9% of the market in China and the sixth largest manufacturer.[51][64] In 2011, the BYD sales rank was outside the top ten.[65] In 2012, the company became the 9th largest car manufacturer in China, producing over 600,000 vehicles.[66]

The majority of vehicles are sold within China, however export markets include Bahrain, the Dominican Republic,[67][68] Ukraine[69] and Moldova.[70]

The North American headquarters opened in Los Angeles in 2011.[71] As of 2013 BYD Auto sells the e6 and Electric Bus in the United States as fleet vehicles only. BYD has supplied the Los Angeles Metro system with buses since 2015. A 2018 investigation by the Los Angeles Times found reliability issues with the BYD buses.[72]

See also

References

  1. ^ . BYD Company Limited Company Limited Annual Report 2019 https://www.byd.com/sitesresources/common/tools/generic/web/viewer.html?file=%2Fsites%2FSatellite%2FBYD%20PDF%20Viewer%3Fblobcol%3Durldata%26blobheader%3Dapplication%252Fpdf%26blobkey%3Did%26blobtable%3DMungoBlobs%26blobwhere%3D1541999564013%26ssbinary%3Dtruetitle=BYD Company Limited Annual Report 2019. {{cite web}}: Check |url= value (help); Missing or empty |title= (help)
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