The BYD Automobile is a subsidiary of a Chinese company named, BYD Co., Ltd. The BYD Company mainly manufactures vehicles and rechargeable batteries hence splitting the two into the BYD Automobiles and the BYD Electronics.
BYD Auto Co., Ltd. as it is officially named was founded in 2003 a year after BYD Company acquired the Tsinchuan Automobile Company. The BYD Auto is a company that specializes in designing, developing, manufacturing and distributing passenger cars and buses. In 2008, the company was able to mass produce a full hybrid vehicle called the BYD F3DM. By 2009, the company sold about 448, 400 cars in China alone and two-thirds of the sales were due to its famous model the BYD F3 model. Also in the same year, BYD began exporting its vehicles to Africa, South America and the Middle East.
The Chinese Government pays an active role in the automotive business of the country. It has set regulations like oil subsidy in order to encourage automakers into manufacturing electric cars. Although it may be an eco-friendly movement, it has not yet been widely accepted by most automobile manufacturers because the mainstream foreign market for automobiles has yet to turn its attention to electric vehicle production. BYD Auto is an independently owned automobile manufacturer since its inception.
Shenzhen city bought about 500 E6 models pure EV for the city’s taxi. And another 1000 electric buses more for the 2009 central government policy. By 2014, BYD Qin produced the most popular and top-selling plug-in electric car in China. The Qin continued to rank as the all-time top selling passenger NEV in China. By 2015, BYD has already begun building its Brazilian factory to supply electric vehicles as taxis and in order to establish wider car-sharing schemes. By 2015, BYD was named as the world’s best-selling manufacturer of highway legal light-duty plug-in vehicles for selling 60,000 units ahead of the 50,580 units sold by Tesla Motors.
The BYD logo sports a very simple design featuring the BYD initials in all caps with an ellipse surrounding the letter. The BYD logo carries the red hue because of the Chinese belief that the red hue signifies the peace, prosperity and abundance. The Red hue is a lucky charm color for BYD since it is the hue that represents a continuously prosperous business venture.
- BYD Qin
This vehicle is one of the top-selling electric cars in China since it has rolled out of BYD plants.
- BYD Tang
Named after the Tang Dynasty, this vehicle is a plug-in hybrid mid-size SUV.
- BYD Flyer City Car
This vehicle was produce from 2003 to 2008. This vehicle is one of the BYD fuel-engine powered vehicles that sported good city driving.
BYD has two major production plants in Xi’an. In Shenzhen, BYD has a research and development center and another assembly plant. And in Shanghai, BYD has a research and development facility. Since the Chinese government did not permit BYD to build a third assembly plant in Xi’an, the company was forced to relocate the building plans. BYD built the assembly plant in Changsha in the province of Hunan.
BYD also signed a deal with a Russian company named, TagAZ, and Betret International Pic, a manufacturing company in Ethiopia to assemble BYD F3 models this assembly brings about 100 units every year.in 2013, BYD opened their Electric Bus manufacturing plant in California. In 2014, there is a production plant in Dalian at Liaoning Province for K9 electric buses.
What To Love about BYD?
Technological advancement in Hybrids and Electric Vehicles
BYD vehicles are better in producing top of the electric vehicles. They showcase quality electric vehicles that are top-of-the-line thus garnering titles from different award-giving bodies especially in the production of its BYD Qin model and the BYD Tang model. Its popularity is also evident when BYD Qin took up about two-thirds of the sales in the first year it was released to the public.
What Not To Love About BYD?
Low Quality in Mainstream Production of Diesel Powered Vehicles
Unfortunately, BYD fails to show as much standard in the production of its regular fuel-consuming vehicles. Since electric powered vehicles are more efficient and eco-friendly the attention of BYD falls on propagating the use and manufacturing of these types of vehicles but then compromises its production of fuel-powered engine cars.
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