BYD: The latest figures, news and market research on BYD

Turnover: 76.8 billion EUR (2023)

Country: China

BYD is a Chinese manufacturer of cars and transport equipment, also active in the production and sale of electronic components.
It is one of the world's largest manufacturers of electric vehicles and batteries for electric vehicles
american investor Warren Buffet is a major shareholder

BYD: taking inspiration from Apple Stores to conquer France 06/08/2024

Sales of Chinese electric models in Europe plummet since the start of the year
European Union imposes additional customs duties on imports of Chinese electric vehicles
New production site in Hungary** operational by the end of 2025, with a production capacity of 150,000 units
Project to build a plant in Turkey with a capacity of 150,000 units to take advantage of the customs union with Europe.
Expansion of the BYD range from the current six models to ten by 2025.
Arrival of top-of-the-range Denza brand in Europe planned for 2026

BYD: the meteoric rise of the Chinese auto giant 26/03/2024

- Sales growth: +42% over the past year.
- Total sales**: 76.8 billion euros.
- Number of cars sold: 3.02 million last year.
- Increase in car sales**: +62% year-on-year.
- Ranking among the world's leading automakers**: 10th.
- Sales outside the People's Republic**: 242,000 units
- Market share of 100% electric vehicles in China**: 25% by 2023.
- Increase in profits**: +81% last year.
- Total profits**: 3.83 billion euros.
- Registrations in Western Europe**: 23,300 units in February, down almost 30% on December and January.

Electric cars: Chinese manufacturer BYD to launch Yangwang, its luxury brand 16/02/2024

- Byd plans to introduce a new plug-in hybrid SUV model for the European market.
- The U8 SUV has almost 1200 horsepower
- The U8 can float on water and turn on itself thanks to its differential steering
- A new SUV will be presented under the Denza brand, a joint venture with Mercedes.
- BYD already has 6 100% electric models on the European market.
- BYD sold around 10,000 cars in Europe in 2023
- BYD plans to open a car factory in Hungary in three years (where it already assembles electric buses).

BYD chooses Hungary for its assault on Europe 22/12/2023

Chinese carmaker BYD has outperformed Volkswagen and Tesla in its home market.
BYD plans to build a plant in Szeged, Hungary, a city of 160,000 inhabitants.
The new BYD plant will create thousands of jobs and produce electric and hybrid models.
BYD has a presence in 16 of the 18 countries in Western Europe.
The BYD Group sold 1.86 million electrified cars last year, including 911,000 100% electric cars.
According to analysts, BYD could take the title of world leader in 100% electric from Tesla in 2023.

BYD sets up in Brazil 26/10/2023

BYD, the other electric car star 17/07/2023

BYD sold 1.86 million electric or plug-in hybrid cars in 2021.
Tesla sold 1.3 million electric cars or plug-in hybrids in the same year.
BYD became the world's second-largest manufacturer of batteries for cell phones.
BYD is present in two out of every ten phones sold worldwide.
Warren Buffet acquired 10% of BYD for $232 million in 2008.
BYD aims to sell 800,000 vehicles in Europe by 2030.
BYD is the world's third-largest battery manufacturer.

BYD and Chinese brands in Europe 08/06/2023

BYD overtook Volkswagen in terms of sales in China in the first quarter of 2023
7 to 8 new Chinese brands (Nio , Ora , Aiways) are expected to arrive in Europe in the next two years.
MG sold 26,400 100% electric cars in the first four months of 2023 in 18 Western European countries, achieving a market share of 4.9% in this segment.
Chinese brands accounted for 2.5% of the 3.7 million new cars sold in Western Europe from January to April 2023.
the SAIC and Geely groups accounted for 83.7% of Chinese car registrations in Western Europe.
Chinese carmakers offer much more attractive margins to dealers than Western manufacturers (double, according to one industry expert)

BYD arrives in France with five models 08/06/2023

BYD is a major competitor to Tesla in China and worldwide.
BYD has already invested in the Spanish, Portuguese, Irish and German markets, and plans to do so in Italy and Iceland
BYD is working with financial partners to offer leasing options to its customers in France.
The company has signed partnerships with dealers in France and plans to set up 15 to 20 points of sale dedicated to the brand by the end of the year, and around 100 by 2025.
BYD is the market leader in Israel, having sold 14,000 cars in eight months.
The company plans to build a factory in Europe

BYD creates a sensation with its €10,000 electric car 20/04/2023

Shenzhen-based carmaker BYD 1.86 million electrified cars sold by 2022 by BYD
Seagull price: from 10,000 euros (75,000 yuan)
BYD aims to build a factory in Europe and launch three models within a few months

BYD, Tesla's Chinese rival, has quintupled its profits in 2022 31/03/2023

BYD net profit in 2022: 16.6 billion yuan (2.2 billion euros), up fivefold on 2021.
BYD annual sales in 2022: 216.1 billion yuan (29 billion euros), up 96.2% on 2021.
Sales of hybrid and electric models in China in 2021: almost doubled on the previous year, accounting for more than a quarter of vehicles sold.
BYD sales in February 2022: 191,664, far ahead of Tesla (around 75,000).

Electric cars: China's BYD sets its sights on Europe 26/08/2022

The company has become the world's number 1 electric car manufacturer, with 641,000 deliveries compared with 564,000 for Tesla
The automaker ranked number two in sales of electric SUVs last July
The group began selling its vehicles in France in 2022
It will start with Scandinavia and Benelux before expanding into France, Germany and the UK at the end of the year
Founded in 1995 as a battery manufacturer, it entered the automotive market in 2003, which now accounts for 52% of its sales of 32 billion euros

DUNS: 829635820

Legal Name: BYD FRANCE

Address: 8 RUE LEONARD DE VINCI , 60000 BEAUVAIS

Number of employees: Entre 20 et 49 salariés (2020)

Capital: 10 000 EUR

Financial Data:

Year	2021	2020	2019	2018	2017
Turnover	1 805 616	-	11 912 542	540 718	-
Gross margin (€)	1 594 277	-	2 919 002	1 177 007	2
EBITDA (€)	-1 261 714	-	305 910	-486 190	-542 923
Operating profit (€)	-2 242 439	-	-356 197	-685 280	-543 742
Net profit (€)	-988 263	-783 528	-284 912	-627 123	-531 853
Turnover growth rate (%)	-50,9	-	2 103,1	-	-
Ebitda margin rate (%)	-69,9	-	2,6	-89,9	-
Operating margin rate (%)	-124,2	-	-3	-126,7	-
Working Capital (turnover days)	-32,6	-	-5,5	2 277,6	-
Working Capital requirements (turnover days)	123	-	-39	3 476	-
Net margin (%)	-54,7	-	-2,4	-116	-
Added value / Turnover (%)	50,5	-	17,7	72,1	-
Wages and social charges (€)	2 020 700	-	1 586 392	873 668	249 135
Salaries / Turnover (%)	111,9	-	13,3	161,6	-

Company Managers:

Position	First Name	Last Name	Age	Linkedin
Président	Youxing	SHU	49
Directeur général	Yong	YANG	43

Other companies mentioned:

Other companies mentioned: