Since its foundation in 1995, BYD has consistently developed technological advancements. Innovations such as Blade Battery, DM-i Super Hybrid System, e-Platform 3.0, CTB Technology, e4 Platform, and the DiSus Intelligent Body Control System, have challenged other makers in the electric vehicle market. In 2022, BYD invested over RMB 20 billion in research and development, a remarkable 90.31% year-on-year increase. As of July 2023, with a team of more than 90,000 R&D professionals, BYD has filed more than 40,000 patents globally. More than 28,000 of these patents are now approved.

About BYD
BYD is a multinational technology company “devoted to leveraging technological innovations for a better life.” Founded in 1995 as a rechargeable battery maker, BYD now has diverse business interests in automobiles, rail transit, new energy, and electronics. BYD has 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. “From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 70 countries and regions, and more than 400 cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise,” BYD says.

*This makes BYD the world’s leading manufacturer of new energy vehicles and power batteries by AutoInformed’s count.