In 2003, BYD officially acquired Xi'an Qinchuan Automobile Co., Ltd. (now known as BYD Automobile Co., Ltd.) and entered the field of automobile manufacturing and sales, beginning the development journey of national independent brand cars. Up to now, BYD has built four major automotive industry bases in Xi'an, Beijing, Shenzhen, and Shanghai, achieving international leading levels in vehicle manufacturing, mold research and development, and vehicle development. The industrial pattern is gradually improving and has rapidly grown into China's most innovative and cutting-edge brand. Automotive products include various high-end, medium, and low-end series of fuel powered cars, as well as automotive molds, automotive components, dual-mode electric vehicles, pure electric vehicles, etc. Representative models include F0, F3, F3-R hatchback, F6, S8 hardtop convertible sports car, DM dual-mode electric vehicle, etc. As a leader in the electric vehicle industry and a global leader in the secondary battery industry, BYD will leverage its unique global technological advantages to continuously manufacture clean energy automotive products.
When the Diaoyu Islands dispute broke out between China and Japan in 2012, "BYD" was jokingly referred to as "Baoyu Island" by netizens. A few years ago, in 2008, BYD was once associated with vulgar language from Chinese people. However, it seems that BYD was not affected by this, or rather, it was positively affected and developed better. After 2008, BYD's stock rose as high as HKD 88.40 due to being favored by Buffett. In the following years, BYD successively launched new products, including S6, G6, Surui, etc., which were warmly welcomed by the market. In order to better and more accurately develop, BYD has carried out large-scale renovations in its own workshop, strictly inspecting and replacing all electrical equipment, and installing and using low-voltage circuit breakers and switches for Shangman products.