BYD Auto

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BYD Auto Co., Ltd.
比亚迪汽车
Type Subsidiary
Industry Automotive
Founded 2003
Headquarters Shenzhen, Guangdong, China
Key people Wang Chuanfu (Chairman)
Products Automobiles, Buses
Parent BYD Company Limited
Website byd.com
BYD Auto
Simplified Chinese 比亚迪汽车

BYD Auto Co., Ltd. is a Chinese automobile manufacturer based in Shenzhen, Guangdong Province, and a wholly owned subsidiary of BYD Company. It was founded in 2003, following BYD Company's acquisition of Tsinchuan Automobile Company in 2002.[1][2]

As of 2010 production capacity is estimated at 700,000 units/year. While that year's sales reached 519,800 making the company the sixth largest Chinese car-maker by units sold in 2010,[3][4] in 2011 it failed to break into the top ten.[5] The company returned to the rankings in 2012, however, garnering 9th place by producing 610,000 passenger vehicles.[6]

Contents

History [edit]

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 Tsinchuan Automobile Company,[7] which may have been made solely to acquire the passenger car production license held by the purchased company.[8] While the Chinese state is credited with development of an indigenous auto industry,[9] BYD Auto may have been created in the absence of a State policy explicitly supporting independently owned automobile manufacturers.[10]

In 2008, BYD Auto began selling its first mass-produced, full hybrid vehicle, the BYD F3DM.[11] China subsidizes oil (an incentive for the State to encourage use and manufacture of electric cars), and Chinese automakers see opportunities in less mature electric vehicles because Western companies have yet to develop much of a lead in the technology.[12] In late December 2008, Warren Buffett spent $230 million on the acquisition of a 10% stake in BYD Auto's parent, BYD Company.[13] In 2009, the company sold 448,400 cars in China, and two-thirds of sales were its BYD F3 model.[14][15] In the same year, BYD began the export of its cars to Africa, South America, and the Middle East.[16]

The city of Shenzhen will buy 500 E6 models pure EV to serve as taxis.[17] Also, 1000 electric buses will be purchased as part of a 2009 Centeral government policy.[17]

Products [edit]

BYD Auto has a wide range of small and medium sized cars, including small compacts, people carriers, and small sedans. Hybrid electric vehicles and all-electric models are also among its products.

Non-Chinese auto part makers BYD is associated with include Autoliv[18] and BorgWarner.[19]

Past passenger cars [edit]

  • A BYD Flyer

  • A BYD F6

Current passenger cars [edit]

  • A BYD e6

  • A BYD F0

  • A BYD F3

  • A BYD G3

  • A BYD G6

  • A BYD M6

  • A BYD S6

Future passenger cars [edit]

  • A BYD F6DM

Buses [edit]

  • 深圳公交M375路K9.jpg
  • A BYD electric bus

Operations [edit]

Production bases include two production bases in Xi'an, an R&D center and production base in Shenzhen, and an R&D center in Shanghai.[3]

In 2010 the Chinese state halted construction of a third Xi'an production base.[22] Building was allowed to resume in Spring, 2011.[23] A production complex in Changsha, Hunan province, will soon become operational.[citation needed]

Denza [edit]

Main article: Denza

A joint venture with Daimler AG that will soon sell a single product under the Denza brand name,[24] Shenzhen BYD Daimler New Technology Co is focused on EV development and upmarket sedans.[25] In March 2011 the new company received a business license from the Chinese State and BYD, contractual agreement from its German partner.[26]

Its first product likely based on a previous generation Mercedes-Benz B-Class,[27] production is scheduled to begin in 2013.[28]

Sales outside China [edit]

While the majority of sales are domestic, some models are exported to other developing countries: BYD cars are sold in Bahrain by Fakhro Motors,[29] distributed in the Dominican Republic by Peravia Motors[30] (3,000 cars serve as taxis in the capital, Santo Domingo[31]). BYDs are also offered in Ukraine[32] and Moldova.[33]

The company has also expressed a desire to enter the European and Israeli markets. BYD opened its North American headquarters in Los Angeles in 2011,[34] and BYD plans to start selling an electric car, the e6, there in 2012,[35] but this has been subsequently delayed.

BYD F3 models are assembled in Russia by the company TagAZ, and in Ethiopia by Betret International Plc (assembling 1000 annually).[36]

Patent and Copyright claims [edit]

BYD, like many other private Chinese car manufacturers, has been accused of copying its vehicle designs from other companies. A staff member at Honda claimed that the BYD F3 was "a known copy" of the Toyota Corolla (with Honda Fit design cues).[37] Another model too, the BYD F0, has been described as "a clear copy" this time of the Toyota Aygo.[38]

Domestic dealerships have been known to take advantage of this and replace the badging of BYD vehicles with those of other car manufacturers including Toyota. Micheal Austin, vice president of BYD America, has acknowledged the issue saying that the practices of some franchised dealers have made BYD "uncomfortable".[37]

See also [edit]

Portal icon Companies portal

References [edit]

  1. ^ "About BYD". BYD Auto. 
  2. ^ Anne C. Lee (2010-02-17). "Most Innovative Companies - 2010: BYD". Fast Company. 
  3. ^ a b Norihiko Shirouzu (2010-10-14). "Beijing Halts Construction of BYD Auto Plant". The Wall Street Journal. 
  4. ^ Bertel Schmitt (2011-01-19). "China Car Market 101: Who Makes All Those 18 Million Cars?". The Truth About Cars. 
  5. ^ "2011年前十家乘用车生产企业销量排名". China Association of Automobile Manufacturers (CAAM). 2012-01-20. 
  6. ^ "2012年12月分车型前十家生产企业销量排名". China Association of Automobile Manufacturers (CAAM). 14 January 2013. Retrieved January 15, 2013. 
  7. ^ "Company Profile". BYD Auto. 
  8. ^ Crystal Chang (2009-08-13). "Developmental Strategies in a Global Economy: The Unexpected Emergence of China’s Independent Auto Industry". p. 13. 
  9. ^ Wan-Wen Chu (2011-04-05). "How the Chinese government promoted a global automobile industry". Industrial and Corporate Change. 
  10. ^ Crystal Chang (2010-04-07). "The Emergence of the Independent Chinese Auto Industry". Political Science Department, UC Berkley. 
  11. ^ Scott Doggett (2010-03-23). "BYD Auto to Offer F3DM Plug-in Hybrid to Chinese Individuals Starting Next Week". AutoObserver. 
  12. ^ For China's oil subsidy, see Wei Gu (2008-06-04). "China's fuel subsidy costs the world". Reuters. 
  13. ^ Chris Oliver (2008-10-09). "Warren Buffett looks to electric car in BYD stake". MarketWatch. 
  14. ^ Antony Marceles (2010-01-20). "2009 Chinese Auto Sales". Nitrobahn. 
  15. ^ "BYD aims to double car sales again in 2010". BYD Auto. Retrieved 2010-11-02. 
  16. ^ Marc Gunther (2009-04-13). "Why Warren Buffett is investing in electric car company BYD". CNNMoney. 
  17. ^ a b Ma, Nan (6 September 2012). "Pure EV lured by wealthy Chinese markets" (in English). The Morning Whistle. Retrieved 2 April 2013.  More than one of |author= and |last= specified (help)
  18. ^ "Autoliv Builds New Plant in China". Autoliv Inc. 2003-11-21. 
  19. ^ Carmen Lee (2011-11-16). "As official announcement on new energy vehicles is made, BYD's sees stock price jump". Gasgoo. 
  20. ^ "BYD L3 going on sale in Laos". BYD Auto. 28 January 2013. Retrieved 7 March 2013. 
  21. ^ "S6DM". BYD Auto. 
  22. ^ "BYD fined, buildings confiscated". Global Times. 2010-10-14. 
    "MLR supervises BYD's illegal Xi'an project". Global Times. 2010-12-08. 
    "BYD backs away from 'dream'". Global Times. 2010-08-27. 
  23. ^ "BYD says to restart construction of China Xi'an plants". Reuters. 2011-04-05. 
  24. ^ "Daimler, BYD hope luxury Denza will spark China e-car sales". reuters.com. Thompson Reuters. May 17, 2012. Retrieved November 23, 2012. 
  25. ^ "BYD and Daimler in EV Joint Venture". ChinaAutoWeb. 2010-05-27. 
  26. ^ "Joint Venture between BYD and Daimler Receives Business License". BYD Auto. 2011-03-01. 
  27. ^ Steitz, Christoph (Mar 24, 2012). "Daimler to present electric car for China-magazine". reuters.com. Thompson Reuters. Retrieved November 23, 2012. 
  28. ^ Siu, Twinnie (Mon Jul 16, 2012). "PRESS DIGEST - Hong Kong - July 17". reuters.com. Thompson Reuters. Retrieved November 23, 2012. 
  29. ^ "BYD models to appear in Bahrain". Global Times. 2010-12-08. 
  30. ^ "Peravia Motors presenta al mercado dominicano nueva marca de vehículos BYD" (in Spanish). El Nuevo Diario. 2010-02-11. 
  31. ^ "Dominican capital turns Chinese yellow, with taxis". DominicanToday.com. 2010-02-05. 
  32. ^ "China's automaker BYD launches its brand in Ukraine". Xinhua. 2011-10-26. 
  33. ^ "Auto Centru Elita 5, BYD dealer in Chisinau, Moldova". 
  34. ^ "BYD Opens U.S. Headquarters In Los Angeles". Edmunds. 25 October 2011. Retrieved 7 March 2013. 
  35. ^ Chang-Ran Kim (2011-01-11). "BYD sees mass U.S. entry in first quarter of 2012 with e6". Reuters. 
  36. ^ "BYD ties up to assemble cars in Russia". Shanghai Daily. 2010-12-08. 
  37. ^ a b Ben Berkowitz; Kevin Krolicki; Lee Chyen Yee (2011-03-09). "Special Report: Warren Buffett's China car deal could backfire". Reuters. 
  38. ^ "BYD's bid to break the Chinese mould". Easier Cars. 2008-03-05. 

External links [edit]

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