Relationship between Foday Battery Company and BYD

Foday Battery Co., Ltd. is a subsidiary of BYD. The relationship between Foday Battery Co., Ltd. and BYD is an important theme, which covers many different aspects and factors. Foday Battery Co., Ltd. is a wholly-owned subsidiary of BYD, established on 20 19, and mainly produces and sells automobile batteries and other battery products. BYD is one of the largest manufacturers of electric vehicles in China, and the demand for batteries is huge, so Foday Battery Co., Ltd. is very important to BYD. The relationship between Foday Battery Co., Ltd. and BYD can be described in many ways. First of all, Foday Battery Co., Ltd. is an important supplier of BYD, providing batteries for BYD's electric vehicles. Foday Battery Co., Ltd. has advanced production technology and equipment, which can produce high-quality batteries to meet BYD's needs. In addition, Foday Battery Co., Ltd. also provides batteries for other automobile manufacturers, so it is also competitive in the market. BYD Co., Ltd. (hereinafter referred to as "BYD"), founded in 1995, is headquartered in Shenzhen, Guangdong Province, and its founder is Wang Chuanfu. BYD's business covers four major industries: automobile, rail transit, new energy and electronics. Always adhere to the development concept of "science and technology is king and innovation is the foundation". With its accumulated strength in technology research and development and innovative development model, BYD plays an important role in many fields.