According to Baidu Driving Query, Foday is a subsidiary of BYD, and BYD announced the establishment of five Foday companies to further accelerate the external sales of core components of new energy vehicles. Its announced companies are: Foday Battery Co., Ltd., Foday Vision Co., Ltd., Foday Technology Co., Ltd., Foday Power Supply Co., Ltd. and Foday Mould Co., Ltd.
Foday Power Supply Co., Ltd. was established on February 25, 20 19. The legal representative is Luo Hongbin, and the company's business scope includes: general business projects are: automotive powertrain technology research and development; Research and development of engines, transmissions and auto parts.