BYD Auto 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, a rechargeable battery maker.
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.
BYD Co Ltd created the wholly owned su...
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BYD Auto 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, a rechargeable battery maker.
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.
BYD Co Ltd created the wholly owned subsidiary BYD Auto a year after its 2002 acquisition of the Qinchuan Automobile Company. This purchase may have been made solely to acquire the passenger car production license held by the purchased company. While the Chinese state is credited with development of an indigenous auto industry, BYD Auto may have been created in the absence of a State policy explicitly supporting independently owned automobile manufacturers.
In 2008 BYD Auto began selling its first mass-produced, full hybrid vehicle, the BYD F3DM. China subsidizes oil (an incentive...
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