BYD (Build Your Dreams)

Canvas Category OEM : Automotive

Website | LinkedIn | Video

Primary Location Shenzhen, Guangdong, China

Financial Status SHE: 002594

BYD (Build Your Dreams) is the world’s largest manufacturer of electric vehicles and batteries, and the global leader in battery-electric buses—with more than 80,000 buses sold in 200 cities, 50 countries, and on six continents. Since its establishment in 1995, BYD has grown from a startup with 20 employees to an international, high-tech leader with 300,000 employees worldwide. The Official Sponsor of Mother Nature™, BYD is revolutionizing zero-emission transportation and creating a cleaner environment. In addition to zero-emission buses, BYD is an industry leader in electric automobiles, medium- and heavy-duty trucks, forklifts, SkyRail (monorail), energy storage, and solar power generation.

Assembly Line

Why BYD is breaking into shipping

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✍️ Author: Zeyi Yang

🏢 Organizations: BYD

BYD, the Chinese electric-vehicle maker, has been particularly good at expanding into different, related businesses. Not only can it make high-performing and safe batteries for cars, but it also does almost everything in house, from designing car chips to mining lithium and other materials. The fact that it has subsidiaries in every step of the EV supply chain enables the company to keep its costs down and sell cars at more competitive prices.

Now, to pull that off once again, BYD is starting a sea freight business. As I just wrote in a story published today, the company is assembling a fleet of at least eight car-carrier ships that will transport BYD cars from factories in China to sell in Europe, South America, and other markets.

Read more at MIT Technology Review

How China's BYD went from bargain battery maker to Tesla's biggest rival

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✍️ Author: Cissy Zhou

🏭 Vertical: Automotive

🏢 Organizations: BYD

Outside China, the world’s largest EV market where it is the undisputed champion, in several months this year, BYD claimed the throne of bestselling EV in Thailand, Sweden, Australia, New Zealand, Singapore, Israel and Brazil.

Read more at Cisco Newsroom

Chinese carmaker BYD to buy US firm Jabil's mobility business for $2.2 bln

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✍️ Authors: Sameer Manekar, Yelin Mo

🔖 Topics: Acquisition

🏢 Organizations: BYD, Jabil

Chinese automaker BYD (002594.SZ) said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc (JBL.N) to buy its mobile electronics manufacturing business in China for 15.8 billion yuan ($2.2 billion). The deal will expand BYD Electronic’s (BE) (0285.HK) customer base, product portfolio and its smartphone components business as it looks to capture Jabil’s potential growth in the sector.

Singapore-based Jabil Circuit, which manufactures printed circuit boards, established a unit this month that absorbed its product-manufacturing businesses in Chengdu and Wuxi, which will now be sold to the Chinese group.

Read more at Reuters

BYD and Huawei build smart factories together

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🔖 Topics: Partnership

🏢 Organizations: BYD, Huawei

BYD has chosen Huawei to help it build a 10Gbps network based on Huawei’s High-Quality 10 Gbps CloudCampus solution. This network features ultra-fast access, superb experience, simplified architecture, and simplified O&M.

In production scenarios, an increasing number of BYD’s R&D and production systems rely on high-bandwidth networks. For example, R&D simulation generates huge HD rendering workloads, which requires transmission of huge volumes of data between cloud servers and local terminals. In addition, simulation and rendering synchronization raises requirements for low network latency.

Read more at The Register