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{{Short description|Chinese automobile manufacturer}} {{Use British English|date=March 2024}} {{Use dmy dates|date=November 2023}} {{Infobox company | name = BYD Auto Co., Ltd. | logo = | logo_size = 200px | type = [[Subsidiary]] | foundation = {{Start date and age|2003|01|22|df=y}} | founder = [[Wang Chuanfu]] | location_city = {{ubl | [[Xi'an, Shaanxi]], China | [[Shenzhen, Guangdong]], China }} | location_country = | location = | area_served = Worldwide | industry = [[Automotive industry|Automotive]] | predecessor = Xi'an Qinchuan Automobile Co., Ltd. | products = [[Automobiles]] | production = {{increase}} 4,304,073 vehicles (2024) | services = {{unbulleted list | [[Finance|Automotive finance]] | [[Vehicle insurance]] }} | brands = {{ubl | BYD | [[Denza]] | [[Fangchengbao]] | [[Yangwang]] }} | revenue = {{increase}} {{CNY|617.1 billion|link=yes}} (2024) | net_income = | num_employees = | parent = [[BYD Company]] (99%) | divisions = | homepage = {{ubl | {{URL|https://www.byd.com/en|byd.com}} | {{URL|https://www.bydauto.com.cn|bydauto.com.cn}} (China) }} | footnotes = <ref name=CNC2023 /><ref>{{Cite web |date=2024-03-24 |title=BYD Company Limited 2024 Annual Results Announcement |url=https://www.bydglobal.com/sitesresources/common/tools/generic/web/viewer.html?file=%2Fsites%2FSatellite%2FBYD%20PDF%20Viewer%3Fblobcol%3Durldata%26blobheader%3Dapplication%252Fpdf%26blobkey%3Did%26blobtable%3DMungoBlobs%26blobwhere%3D1638928497545%26ssbinary%3Dtrue |access-date=27 March 2025 |website=BYD Global}}</ref><ref>{{Cite web|url=https://www.zhitongcaijing.com/content/detail/900703.html|title=比亚迪(002594.SZ)发2022年度业绩,新能源乘用车年销量创新高,净利增446%至166亿元,拟10派11.42元 |trans-title=BYD (002594.SZ) released its 2022 annual results. Annual sales of new energy passenger vehicles hit a new high, and net profit increased by 446% to 16.6 billion yuan. It plans to send 10 units to 11.42 yuan |date=2023-03-28 |website=Zhitong Finance|accessdate=4 April 2023}}</ref><ref>{{cite web | title=BYD Downplays China Price War Impact After Q4 Profit Jumps | website=US News & World Report | date=28 March 2023 | url=https://money.usnews.com/investing/news/articles/2023-03-28/byd-posts-11-fold-jump-in-q4-profit-filing | access-date=4 April 2023}}</ref><ref>{{Cite web |url=https://qz.com/byd-china-electric-vehicle-tesla-battery-hybrid-1850275297|title=BYD profit surged by 400% last year as the electric vehicle market keeps going in China|date=28 March 2023|website=Quartz|access-date=4 April 2023}}</ref><ref>{{Cite web |last=Nika |date=2021-09-23 |title=BYD registers Zhengzhou-based subsidiary for NEV, auto parts sales |url=https://autonews.gasgoo.com/Detail2020.aspx?ArticleId=70018775 |access-date=2023-12-14 |website=Gasgoo}}</ref><ref>{{Cite web |date=2023-01-03 |title=BYD sold 1.86M light-duty NEVs in 2022, up 209% |url=https://www.greencarcongress.com/2023/01/20230103-byd.html |access-date=2023-12-08 |website=Green Car Congress}}</ref> | module = {{Infobox Chinese|child=yes|t=比亞迪汽車有限公司|s=比亚迪汽车有限公司|p=Bǐyàdí Qìchē Yǒuxiàn Gōngsī |order=st|hide=no|altname=Trading name}} }} '''BYD Auto Co., Ltd.''' ({{lang-zh|s=比亚迪汽车|p=Bǐyàdí Qìchē}}) is the [[Automotive industry|automotive]] subsidiary of [[BYD Company]], a [[publicly listed]] Chinese multinational [[manufacturing company]]. It manufactures passenger [[battery electric vehicle]]s (BEVs) and [[plug-in hybrid electric vehicles]] (PHEVs)—collectively known as [[plug-in electric vehicles in China|new energy vehicles]] (NEVs) in China—along with [[electric bus]]es and [[electric truck]]s. The company sells its vehicles under its main BYD brand as well as its high-end brands, which are [[Denza]], [[Fangchengbao]] and [[Yangwang]]. BYD Auto was established in January 2003 as a subsidiary of BYD Company, a battery manufacturer, following the acquisition and restructuring of Xi'an Qinchuan Automobile. The first car designed by BYD, the petrol engined [[BYD F3]], began production in 2005. In 2008, BYD launched its first plug-in hybrid electric vehicle, the [[BYD F3DM]], followed by the [[BYD e6]], its first battery electric vehicle, in 2009. Since 2020, BYD Auto has experienced substantial sales growth that is driven by the increasing market share of new energy vehicles in China. The company has expanded into overseas markets from 2021, mainly to Europe, Southeast Asia, Oceania and the Americas. In 2022, BYD ended production of purely [[internal combustion engine]]d vehicles to focus on new energy vehicles. The company is characterised by its extensive [[vertical integration]], leveraging BYD group's expertise in producing batteries and other related components such as [[electric motor]]s and [[Electronic control unit|electronic controls]]. Most components used in BYD vehicles are claimed to be produced in-house within the group. {{As of|2024}}, BYD's [[electric battery|battery]] subsidiary [[FinDreams Battery]] is the world's second largest producer of [[electric vehicle batteries]] behind [[CATL]].<ref>{{Cite web |last=Kang |first=Lei |date=2024-02-07 |title=Global EV battery market share in 2023: CATL 36.8%, BYD 15.8% |url=https://cnevpost.com/2024/02/07/global-ev-battery-market-share-in-2023/ |access-date=2024-06-15 |website=CnEVPost |language=en-US}}</ref> It specialises in [[Lithium iron phosphate battery|lithium iron phosphate (LFP) batteries]], including BYD's proprietary [[BYD Blade battery|Blade battery]]. BYD is the best-selling car brand in China since 2023, after surpassing [[Volkswagen]], which had held the title since the [[Economic liberalization|liberalisation]] of the [[Automotive industry in China|Chinese automotive industry]].<ref name="BloombergVW" /> In 2024, nearly 90 percent of BYD's sales came from the Chinese market.<ref>{{Cite web |last=Zhang |first=Phate |date=2025-05-08 |title=BYD aims for half of its sales to come from outside China by 2030, report says |url=https://cnevpost.com/2025/05/08/byd-aims-half-sales-outside-china-2030/ |access-date=2025-05-16 |website=CnEVPost |language=en-US}}</ref> BYD is also the third most valuable car manufacturer in the world, based on [[market capitalization]].<ref>{{Cite web |last=Pinkerton |first=Julie |date=2024-08-22 |title=The 10 Most Valuable Car Companies in the World By Market Capitalization |url=https://money.usnews.com/investing/articles/the-10-most-valuable-auto-companies-in-the-world}}</ref> The company has faced scrutiny and criticism related to its business practices, including allegations of aggressive price reductions, labor issues at its facilities, and various environmental concerns. {{TOCLimit}}
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