Whatco

BYD

Automotive · China

BYD builds electric and plug-in hybrid cars, the batteries that power them and parts for phone makers, and now sells more than 4.6 million vehicles a year.

What makes it different

One yuan in five comes from phone parts.

19.3%Revenue from phone parts and assemblyFY2025

BYD also makes casings, assembly and now AI-server parts for phone and tech brands, a business much older than its cars.

How big it is

How big is BYD?

4,602,436Vehicles soldFY2025
~869,600Employees2025
How it makes money FY2025

Mostly vehicles.

  • Automobiles and related products81%RMB648.6B
  • Phone parts and assembly19%RMB155.2B
How the business works

From battery to car.

  1. 1Own batteries, chips, motors
  2. 2Electric and plug-in hybrid cars
  3. 3China first, 119 markets

Makes batteries, components and vehicles inside one group, then sells through dealers and its own channels. Scale in manufacturing is the engine.

Brands and businesses

More than BYD.

Who owns it
  • Other shareholders62.2%
  • Wang Chuan-fu (Chairman and President)16.93%
  • Lv Xiang-yang (non-executive director)12.98%

CEO: Wang Chuan-fu

Who it competes with
TeslaGeely AutomobileVVolkswagen GroupToyotaCChery
Key moments
  1. 1994BYD is founded in Shenzhen
  2. 2002BYD lists in Hong Kong
  3. 2003BYD enters the car industry
  4. 2008The F3DM plug-in hybrid goes on sale
  5. 2020Blade Battery goes into mass production
Sources

Every number on this page comes from BYD's own reports.

Full profile

The rest of the story is in the app.

What BYD tracks29 metrics
Vehicles sold
Battery-electric passenger cars sold
Plug-in hybrid passenger cars sold
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from2 regions
China (incl. Hong Kong, Macau, Taiwan)
Overseas
The full timeline22 moments
2024
2025
2026
BYD vs Teslaside by side
Revenue
Profit
People
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