Build Your
Dreams, more popularly known as BYD Company, is the biggest manufacturer of rechargeable batteries.
Founded by one of China’s wealthiest men, Wang Chuanfu, BYD is now emerging as a
major car producer in China. BYD’s F# sedan was China’s bestselling car in
2011.
Since its
creation five years ago, BYD has since become the world’s leading producer of
cellular phone batteries. BYD’s product line includes batteries for iPhones,
iPod, laptops and major mobile phone brands like Motorola and Nokia.
BYD ventured in
car manufacturing in 2003 when it acquired a distressed state-owned automobile
company. In 2007, BYD’s car company became a public company after being listed
in the Hong Kong Stock Exchange.
BYD’s long-term
targets include becoming China’s leading car manufacturer by 2018 and a major
player in the car manufacturing industry around the world by 2025. BYD is
set to introduce its e6 EV in the Californian market to make BYD the first
Chinese car producer to sell in the US.
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