BYD has always adhered to the development concept of "technology is king, innovation is the foundation", achieved all-round development with its R&D strength and innovative development model, and played a decisive role in many fields such as batteries, electronics, passenger cars, commercial vehicles and rail transit.
In 2003, it became the second largest rechargeable battery manufacturer in the world, and BYD Auto was established in the same year. Following the development route of independent research and development, independent production and independent brand, BYD Auto is determined to build a truly affordable national car. Product design not only draws lessons from the advanced concepts of international trends, but also conforms to the aesthetic concepts of China culture.
R&D strength
BYD Group has more than 35,000 technicians, 1 1 research institute. In 2020, the total investment of R&D will exceed 8.5 billion yuan, accounting for 5.5% of the operating income. By April of 2002 1 year, the group had applied for about 32,000 patents worldwide, of which about 211,000 were authorized.