Monday, July 19, 2010

BYD, mean Build Your Dream.

http://www.gochinaauto.com/modules/wordpress/index.php/2010/01/15/to-be-a-world-auto-giant-china-byds-dream-or-ambition/

BYD, mean Build Your Dream. Today, BYD is really realizing BYD people’s dream, becoming a world auto giant from China.

BYD, BYD Company Limited, it’s a China auto legend, a China private automaker legend.


In 1995, BYD Company Limited was established with 2,500,000 CNY registered capital about 20 staff.
In 2003, BYD’s nickel-cadmium battery production reached 400,000,000, more than SANYO, to become the world No. 1.
In 2003, BYD Company Limited purchased Xian Qin Chuan Automobile Co., Ltd. cross the industry, and then established BYD Auto Co., Ltd.


In 2005,BYD’s first car, F3 model was officially off line, meantime BYD’s new auto production base was officially completed with 200,000 production capability. In 2006, BYD electric car, F3e was successfully developed, equipped with iron motive power batteries of ET-POWER technology, to achieve zero pollution, zero emissions, zero noise, one-charge mileage up to 350KM, which symbolized BYD became one of the world leaders of the pure electric car technology. In 2006, BYD began to export a number of cars to Ukraine, and was the first China auto brand to enter the Ukrainian auto market. The first shipment was 200 BYD F3 cars.

In 2007, BYD F3 single-month sales broke 10,000 units. This is the first time that China independent auto brand joined the “10,000 Auto Club,” so BYD F3 was called as “the four King Kong” with Hyundai Elantra, Buick Excelle, and Mazda Familia in China middle class sedan segment market.

In 2007, the 100,000th BYD F3 car was off the assembly line in Xi’an. This means that BYD F3 cars’ sales cumulatively achieved 100,000 units only for 20 months, created the new sales record of more than 100,000 units in the shortest time in China independent auto brand.

In 2009, BYD entirely purchased Hunan Media Bus Manufacturing Co., Ltd., and began to enter China bus and micro-van markets. In 2010, BYD prepares to produce 5,000 BYD B6, B9 pure electric buses and 10,000 BYD bus chassis. And BYD has has a plan of 300,000 BYD C3, C6 micro-vans.

Step by step, obviously BYD is largely successful. In 2009, BYD achieved its sales target of 400,000 cars ahead of plan, so from 2005 to 2009, BYD has realized to achieve 100% growth for 5 consecutive years. So BYD became Ambitious. In 2010, BYD will target 800,000 cars, doubled the sales in 2009. Remarkably, the target has been close to the sales volume of China Top 5 automakers in 2009.


In 2009, SAIC (Shanghai Automotive Industry Corporation (Group)) sold 2,720,000 cars, FAW (China FAW Group Corporation) sold 1,944,000 cars, DFM (Dongfeng Motor Corporation) sold 1,898,000 cars, Chana Motor (Changan Automobile (Group) Liability Co., Ltd.) sold 1,863,000 cars, and BAIC (Beijing Automotive Industry Group Corporation) sold about 1,200,000 cars.Who gives BYD so much power to want to become a world auto giant? The trend of new energy car in the world gives BYD the solid base. BYD own the world advanced electric power technology. So BYD has been strongly supported by China government.

In 2008, the investment of well-known American investor, “shares God” Buffett gives directly and indirectly a lot of money. So BYD can expand quickly in the world.

But BYD only has a short history of only 15 years. It developed too fast. So in some days, BYD must face a number of big stones under the river. How to solve these problems? Maybe that is the key to decide if BYD can become the true world auto giant.


For more details of How About China BYD 800,000 Cars in 2010? Please Link: http://www.gochinaauto.com/modules/wo … -byd-800000-cars-in-2010/

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