industry automotive founded 2003 headquarters xi an shaanxi china key people wang chuanfu chairman products automobiles buses revenue rmb22 551 million 2012 1 parent byd company limited subsidiaries shenzhen byd daimler new technology 50 % shenzhen byd auto co. ltd. changsha byd auto co. ltd. shaoguan byd auto co. ltd. byd auto sales co. ltd. website byd.com byd auto simplified chinese traditional chinese transcriptions standard mandarin hanyu pinyin b y d q ch byd auto co. ltd. is a chinese automobile manufacturer based in xi an shaanxi province 2 and a wholly owned subsidiary of byd company . it was founded in 2003 following byd company s acquisition of tsinchuan automobile company in 2002 . 3 4 its principal activity is the design development manufacture and distribution of passenger cars and buses sold under the byd brand . it also has a 50 50 joint venture with daimler ag shenzhen byd daimler new technology co. ltd. which develops and manufactures luxury electric cars sold under the denza brand . byd auto sold a total of 506 189 passenger cars in china in 2013 making it the tenth largest selling brand and the largest selling chinese brand . 5 byd auto was the world s best selling manufacturer of highway legal light duty plug in electric vehicles in 2015 with over 60 000 plug in hybrid and all electric cars sold ahead of luxgen . contents 1 history 2 products 2.1 former models 2.2 current models 2.2.1 electric 2.2.2 hybrid 2.2.3 ice 2.3 future models 2.4 buses 3 operations 4 denza 5 sales 6 see also 7 references 8 external links history edit the byd stand at the 2009 central china high tech fair in shenzhen byd us headquarter in los angeles byd co ltd created the wholly owned subsidiary byd auto a year after its 2002 acquisition of the tsinchuan automobile company 6 which may have been made solely to acquire the passenger car production license held by the purchased company . 7 while the chinese state is credited with development of an indigenous auto industry 8 byd auto may have been created in the absence of a state policy explicitly supporting independently owned automobile manufacturers . 9 in 2008 byd auto began selling its first mass produced plug in hybrid vehicle the byd f3dm . 10 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 . 11 in late december 2008 warren buffett spent 230 million on the acquisition of a 10 % stake in byd auto s parent byd company . 12 in 2009 the company sold 448 400 cars in china and two thirds of sales were its byd f3 model . 13 14 in the same year byd began the export of its cars to africa south america and the middle east . 15 some of its first all electric vehicles were offered via fleet sales to government buyers in china . 16 the byd qin plug in hybrid launched in the chinese market in december 2013 ranked as the top selling plug in electric car in china in 2014 . 17 the car also ranked seventh among the world s top 10 best selling plug in cars in 2014 18 and continued to rank as the all time top selling passenger nev in china with cumulative sales of 46 787 units by the end of december 2015 . 17 19 20 the byd qin was the world s second best selling plug in hybrid car in 2015 and also ranked fifth in 2015 among the world s top selling plug in electric cars . 21 as of 2015 update byd was in the process of opening its first passenger car factory in brazil to focus on supplying electric vehicles for taxis and car sharing schemes . 22 byd ended 2015 as the world s top selling manufacturer of highway legal light duty plug in electric vehicles with 61 772 passenger vehicles sold . accounting for heavy duty vehicles the total rises do 69 222 units . 21 23 24 samsung electronics invested 450 million in byd in 2016 . 25 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 26 and borgwarner . 27 former models edit byd flyer city car 2003 2008 byd s8 f8 coupe convertible current models edit electric edit byd e6 electric mpv byd e5 all electric car byd qin ev300 all electric car 28 hybrid edit byd qin plug in hybrid byd tang plug in hybrid mid size suv f3dm plug in hybrid compact saloon the first mass produced plug in hybrid automobile in the world 29 ice edit byd f0 supermini byd f3 compact saloon byd f3 r compact hatchback byd g3 compact saloon byd g3 r compact hatchback byd f5 suri compact saloon byd f6 mid size saloon byd l3 or new f3 30 compact saloon byd g6 mid size car saloon byd m6 mpv byd s6 suv byd s7 suv byd song byd yuan byd t3 byd e6 byd f0 byd f3 byd f3dm byd f6 byd g3 byd g6 byd m6 byd s6 byd qin byd tang future models edit byd f6dm plug in hybrid mid size sedan byd shang plug in hybrid light commercial vehicle byd song plug in hybrid compact suv byd yuan plug in hybrid mini suv byd han electric sports car byd f6dm buses edit byd k9 electric bus a chinese spec k9 electric bus in shenzhen guangdong china a north american spec k9 electric bus in new york city united states a north american spec k9 electric bus as stanford marguerite shuttle california united states a european spec k9 electric bus in bonn germany byd k11 electric bus byd k11 articulated bus at mit march 2016 byd c9 electric coach byd c9 the first long range electric coach september 2016 operations edit production bases include two production bases in xi an an r & d center and production base in shenzhen the headquarters of parent byd company limited production bases in changsha and shaoguan and an r & d center and parts plant in shanghai . 31 in 2010 the chinese state halted construction of a third xi an production base . 32 building was allowed to resume in spring 2011 . 33 byd f3 models are assembled in russia by the company tagaz and in ethiopia by betret international plc assembling 1000 annually . 34 in iraq the scai company state owned company start producing some byd models since 2009 . a production base in dalian liaoning province for k9 electric buses began operation in late 2014 . 35 byd opened a north american electric bus manufacturing plant in lancaster california in may 2013 . 36 denza edit main article denza a joint venture with daimler ag that will soon sell a single product under the denza brand name 37 shenzhen byd daimler new technology co is focused on ev development and upmarket sedans . 38 in march 2011 the new company received a business license from the chinese state and byd contractual agreement from its german partner . 39 its first product likely based on a previous generation mercedes benz b class 40 production is scheduled to begin in 2013 . 41 sales edit as of 2010 byd auto had an estimated production capacity of 700 000 units per annum . in the same year byd auto sold a total of 519 800 vehicles making the company the sixth largest chinese car maker by units sold 31 42 in 2011 it failed to break into the top ten . 43 the company returned to the rankings in 2012 however garnering 9th place by producing over 600 000 vehicles . 44 while the majority of sales are domestic some models are exported to other developing countries byd cars are sold in bahrain by fakhro motors 45 distributed in the dominican republic by peravia motors 46 3 000 cars serve as taxis in the capital santo domingo 47 . byds are also offered in ukraine 48 and moldova . 49 the company has also expressed a desire to enter the european iranian and israeli markets . byd opened its iranian branch under the name karmania in 2016 . byd also opened its north american headquarters in los angeles in 2011 50 and byd planned to start selling an electric car the e6 there in 2012 51 but this has been subsequently delayed . as of 2013 byd auto sells the e6 and electric bus in the united states as fleet vehicles only . see also edit companies portal list of automobile manufacturers of china references edit 2012 annual results announcement pdf . byd company limited . retrieved 21 february 2014 . byd contacts . byd auto . about byd . byd auto . anne c. lee 2010 02 17 . most innovative companies 2010 byd . fast company . 2013 passenger vehicle sales by brand . china auto web . 15 january 2014 . retrieved 22 february 2014 . company profile . byd auto . crystal chang 2009 08 13 . developmental strategies in a global economy the unexpected emergence of china s independent auto industry . p. 13 . wan wen chu 2011 04 05 . how the chinese government promoted a global automobile industry pdf . industrial and corporate change . crystal chang 2010 04 07 . the emergence of the independent chinese auto industry . political science department uc berkley . scott doggett 2010 03 23 . byd auto to offer f3dm plug in hybrid to chinese individuals starting next week . autoobserver . for china s oil subsidy see wei gu 2008 06 04 . china s fuel subsidy costs the world . reuters . for ev opportunities eyed by chinese firms see stephen w. dyer 2011 01 03 . big bet on better battery run cars . china daily . chris oliver 2008 10 09 . warren buffett looks to electric car in byd stake . marketwatch . antony marceles 2010 01 20 . 2009 chinese auto sales . nitrobahn . byd aims to double car sales again in 2010 . byd auto . retrieved 2010 11 02 . marc gunther 2009 04 13 . why warren buffett is investing in electric car company byd . cnnmoney . ma nan 6 september 2012 . pure ev lured by wealthy chinese markets . the morning whistle . retrieved 2 april 2013 . a b staff 2015 01 14 . 2014 ev sales ranking . china auto web . retrieved 2015 01 17 . jeff cobb 2015 02 10 . top 10 global best selling plug in cars . hybridcars.com . retrieved 2015 03 21 . a total of 14 747 qins were sold in china in 2014 . mat gasnier 2014 01 14 . china december 2013 focus on the all new models . best selling cars blog . retrieved 2014 01 16 . staff 2016 01 14 . best selling sedan in 2015 . china auto web . retrieved 2016 01 17 . a total of 31 898 qins were sold in china in 2015 . a b cobb jeff 2016 01 12 . tesla model s was world s best selling plug in car in 2015 . hybridcars.com . retrieved 2016 01 23 . the tesla model s was the top selling plug in electric car in 2015 50 366 followed by the nissan leaf about 43 000 the mitsubishi outlander p hev about 39 000 the byd qin 31 898 and the bmw i3 24 057 . wang joey . byd to open passenger car