BYD

Build Your Dreams

BYD surpassed Tesla in 2024 to become the world's #1 electric vehicle manufacturer, delivering over 3 million EVs globally. What started as a battery company in Shenzhen in 1995 is now a $100B+ juggernaut that designs and builds everything in-house — from semiconductor chips to the final vehicle.

1995

Founded

3M+

EVs Sold

Countries

Shenzhen

700,000+

Employees

$100B+

Revenue

The BYD Story

Wang Chuanfu founded BYD in 1995 with 20 employees and a dream to make rechargeable batteries. By 2003, BYD entered the auto industry. By 2008, Warren Buffett invested $230M for an 8% stake — a bet that has returned over 30x. In 2020, BYD launched the revolutionary Blade Battery, which uses lithium iron phosphate (LFP) chemistry in a cell-to-pack design that eliminates thermal runaway risk entirely. This single innovation made BYD vehicles the safest EVs on the market. By 2024, BYD was selling more EVs than Tesla globally, with 7 models confirmed for Canada starting at just $22,000 CAD.

Key Highlights

Blade Battery

LFP

Safest EV battery — passes nail penetration test without fire

Vertical Integration

100%

Makes own chips, batteries, motors, and vehicles — cuts costs 40-50%

Euro NCAP Safety

5★

Top safety rating across the entire BYD lineup

Winter Ready

-30°C

Advanced thermal management maintains 80%+ range in Canadian winters

Warren Buffett Backed

30x

Berkshire Hathaway invested $230M in 2008 — now worth $7B+

Global Leader

Surpassed Tesla as world's top EV seller in 2024

BYD in Canada

BYD registered with Transport Canada in early 2026, clearing the regulatory path to sell vehicles directly. With 7 models spanning from the $22K Seagull city car to the $72K Han luxury sedan, BYD covers every segment. Quebec buyers benefit from up to $2,000 in provincial incentives (Chinese EVs are not eligible for the federal EVAP), bringing the Seagull to $20,000 — the cheapest new car in Canadian history. BYD's Blade Battery is also designed for extreme cold, maintaining 80%+ range at -20°C thanks to advanced thermal management.