BYD
Compare BYD…BYD Company Limited researches, develops, manufactures, and sells automobiles, batteries, and related products worldwide.
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BYDBYD Company Limited researches, develops, manufactures, and sells automobiles, batteries, and related products worldwide.
FY 2020-FY 2024
2022-Q4-2025-Q4
| Stage | Asset / Facility | Location | Status / Capacity |
|---|---|---|---|
| Lithium mining (1) | Chaerhan Salt Lake JV | Qinghai, China | 30K tons/year LCE; with Salt Lake Industry |
| Lithium mining (2) | SQM partnership (announced 2022) | Salar de Atacama, Chile | Lithium hydroxide offtake; non-equity supply pact |
| Nickel / lithium processing | BYD Indonesia JV | Indonesia | Sulawesi nickel-cobalt-lithium processing partnership |
| Cathode + precursor refining | BYD Lithium (subsidiary) | Multiple China sites | LFP cathode + Blade-Battery-specific precursor chemistry |
| Cell production | FinDreams Battery | 8+ China plants + Thailand + Brazil + Hungary | ~135 GWh installed by mid-2025, >500 GWh planned across 12 domestic bases (largest captive operation worldwide); also supplies Tesla 2024+ |
| Motor + e-axle | FinDreams Powertrain | China | Captive electric motor + e-axle production for all BYD vehicles |
| Vehicle assembly (mass) | BYD Auto (Dynasty + Ocean series) | China + Thailand + Brazil + Hungary + Indonesia | ~4.6M FY2025 NEV; 50%+ of China NEV market share |
| Vehicle assembly (premium) | Denza | China | Premium SUV/sedan; was 50/50 with Mercedes until 2024, now 90% BYD |
| Vehicle assembly (ultra-luxury) | Yangwang | China | U7/U8/U9 ultra-luxury BEVs; ~10K units/year volume |
| Fast-charging hardware | BYD captive charging hardware | China | Megawatt charger production tied to Blade Battery + Yangwang fast-charging ecosystem |
| Semiconductor | BYD Semi (separately listed) | Shenzhen, China | Automotive IGBTs, SiC modules, MCU + power semis; ChiNext-listed 2022 |
| Non-auto industrial | BYD Trains / Buses / Forklifts | China + select export markets | Skyrail monorail, electric buses, electric forklifts; small revenue, strategic vertical leverage |