BYD’s core battery technology includes the Blade Battery, a lithium iron phosphate (LFP) pack with a cell-to-pack design offering increased energy density and thermal stability without combustion risks. The company also manufactures NiMH, lithium-ion, and NCM batteries, employing vertical integration from raw material procurement to final assembly and its Cell-to-Pack (CTP) technology to improve space utilization by over 50%.
In 2023, BYD introduced the Tang L SUV and Han L sedan featuring advanced battery integration and bi-directional charging capabilities that allow vehicles to serve as mobile power stations for emergency and daily applications.
In 2023, BYD showcased sustainability initiatives at COP28 in Dubai, where its Zero-Carbon Industrial Campus in Shenzhen was recognized as a top low-carbon project, and introduced bi-directional charging technology for vehicle-to-grid applications.
Major investors include Xiang Yang Lu (18.4%), Wang Chuanfu (11.0%), Berkshire Hathaway (6.9%), BlackRock Fund Advisors (2.2%), BlackRock Advisors UK (1.0%), and Youngy Investment (5.3%).
