BYD Group 1995 was formally established and will celebrate its 30th anniversary in 2025. The history of BYD can be traced back to 1995. As a new enterprise, it started from the production of secondary rechargeable batteries. Two years later, on 1997, BYD successfully achieved mass production of lithium-ion batteries, and its annual sales exceeded 1 100 million yuan, showing its strong R&D and production capacity. After entering the new century, BYD began the process of internationalization, and in 190.
1999, BYD further expanded its global distribution and established a Hong Kong branch and an American branch. In 2000, BYD established its first industrial park in Kwai Chung, and successfully became Motorola's first lithium-ion battery supplier in China. BYD's leading position in the battery field has been recognized internationally.