Founded 1995 in Shenzhen by
王传福 (Wang Chuanfu) as a rechargeable-battery maker. Entered autos in 2003. BYD officially stands for 'Build Your Dreams' (
成就梦想). By the mid-2020s it had overtaken Tesla as the world's largest EV maker by volume, leveraging its in-house
刀片电池 (Blade Battery) tech.