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BYD Company

1211.HKleader

BYD is the world's largest EV maker by unit volume and the only company that both designs vehicles and manufactures its own battery cells at scale. Its vertically integrated model — spanning batteries, power semiconductors, and vehicles — gives it a structural cost advantage, particularly in the Chinese and Southeast Asian markets.

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Products & Revenue

Product Revenue Share

Revenue Breakdown ($107.8B)

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Automotive (76%)
Batteries & Energy Storage (10%)
Mobile / Electronics Assembly (10%)
Other (Semiconductor, Rail) (4%)

Segment Breakdown & Key Customers

Product Details

BYD Passenger EVs52%

Dynasty and Ocean series electric and plug-in hybrid vehicles

Blade Battery (LFP)18%

Proprietary cell-to-pack LFP battery technology

Commercial EVs / Buses10%

Electric buses, trucks, and forklifts

Semiconductors (BYD Semi)8%

IGBT and SiC power chips for EVs

Consumer Electronics / Assembly12%

Contract manufacturing for smartphones and electronics

Macro & Market Context

EV / 배터리Sector News

리튬 가격 바닥권 — 기관 역발상 매집, 중장기 반등 베팅

리튬 탄산 현물가

$11.5/kg

글로벌 EV 보급률

18% → 25% (2026E)

배터리 팩 가격

$112/kWh

중국 EV 수출 성장

+42% YoY

Upcoming Catalysts

ALB Q1 실적 및 리튬 생산 가이던스 (2026.05)Tesla 배터리 데이 2026IRA 보조금 검토 결과 발표

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AI Analysis

Click "Get AI Analysis" for an AI-powered supply chain analysis of BYD Company.

Company Info

Headquarters

Shenzhen, Guangdong, China

Founded

1995

Employees

900,000+

Website

byd.com

Cascade Position

Role in Cascade

mid cap

Typical Delay

1-3 trading days

BYD's own delivery data typically follows within days; Tesla trends signal whether the global EV market is accelerating or decelerating.

View Full Cascade

Sector OverviewEV / 배터리

Sector News

리튬 가격 바닥권 — 기관 역발상 매집, 중장기 반등 베팅

리튬 탄산 현물가

$11.5/kg

글로벌 EV 보급률

18% → 25% (2026E)

배터리 팩 가격

$112/kWh

중국 EV 수출 성장

+42% YoY

Key Themes

  • 리튬 가격 52주 저점 — 과잉공급에도 기관은 ALB 집중 매집
  • BYD 가격 전쟁 → 서방 완성차 원가 압박 심화
  • ESS(에너지 저장장치) 수요 급증으로 리튬 중기 회복 전망

Upcoming Catalysts

  • ALB Q1 실적 및 리튬 생산 가이던스 (2026.05)
  • Tesla 배터리 데이 2026