The world economy is generally divided into three regions. One is China.
The auto giant logged a nearly threefold increase in European sales last month, as its electric and hybrid vehicles remained in high demand on the continent.
Two of China's leading automakers, BYD and Geely, are among the finalists vying to purchase a Nissan–Mercedes-Benz plant in Mexico, according to a person familiar with the matter, as China seeks a manufacturing foothold in a country where U.S. tariffs are fueling factory closures and layoffs.
| Automobiles Industry | Consumer Discretionary Sector | Chuan-Fu Wang CEO | OTC PINK Exchange | 05606L100 CUSIP |
| CN Country | 968,900 Employees | 13 Aug 2024 Last Dividend | 30 Jul 2025 Last Split | - IPO Date |
BYD Company Limited, established in 1995 and based in Shenzhen, China, operates on a global scale, including in the People's Republic of China, Hong Kong, Macau, and Taiwan. The company's operations span across a myriad of sectors with its primary focus on the automotive and battery markets. BYD has established itself as a prominent player in these sectors, further diversifying its interests into mobile handset components and assembly services among other areas. The company's reach isn't confined to the domestic market; its international presence signifies its ambition and capability to compete on a global stage. BYD's business model is structured around two main segments, each catering to different markets and offering a variety of products and services that adhere to its core competencies in automobiles, batteries, and related technologies.
This segment of BYD's business focuses on the manufacturing and sales of components for mobile handsets, including housings and various electronic components. In addition, it offers assembly services, providing a comprehensive solution from components to complete assembly for the mobile handset industry. This division caters to the needs of mobile device manufacturers by supplying essential parts and specialized assembly services.
Beyond the realm of electronics, BYD has carved out a significant presence in the automotive industry. This segment involves the manufacturing and sales of automobiles, alongside auto-related molds and components. BYD not only produces passenger vehicles but also extends its expertise to the creation of molds and components necessary for automotive manufacturing. This allows BYD to offer a wide range of automotive solutions, from individual components to complete vehicles.
In its quest to diversify, BYD has ventured into urban rail transportation, developing systems and solutions that contribute to the modern urban transit ecosystem. This includes the development of rail vehicles and related infrastructure, illustrating BYD's commitment to innovating beyond its initial focus areas and contributing to the advancement of urban transport solutions.
To complement its automobile manufacturing, BYD offers leasing options and comprehensive after-sales services. These services ensure that customers not only have access to BYD's vehicles through flexible leasing options but also receive support and maintenance, enhancing the overall customer experience.
This category showcases BYD's prowess in battery technology, offering products such as automobile power batteries, lithium-ion batteries, and iron battery products for various applications. The company's strong emphasis on R&D in battery technology is evident in its diverse range of battery products, catering to both automotive and non-automotive applications, such as photovoltaic solutions.