BYD Ranked China’s Most Admired Automotive Brand by Fortune Magazine

  BYD Ranked China’s Most Admired Automotive Brand by Fortune Magazine

Business Wire

SHANGHAI -- October 1, 2013

BYD Company Limited continued to receive praise last week as they were named
on Fortune China’s Most Admired Chinese Companies 2013 Rankings. This year,
however, they were recognized for the first time as China’s most admired
automotive brand overtaking last year’s industry leader, The Fuyao Group. This
year’s list included a total of six automotive OEMs, the next closest industry
member being Great Wall Motors. The annual rankings are established through
the results of surveys taken by over 1,200 senior business executives. BYD
came in ranked overall as China’s 11^th most admired brand, ten spots above
The Fuyao Group who occupied the 21^st spot. This is an improvement from last
year’s ranking of 15^th.

Though their automobile division has become synonymous with the electric car
industry since Berkshire Hathaway purchased 9.9% of BYD Company Limited in
2008, they have also developed hybrid and gasoline powered automobiles in
domestic China. Unlike other automobile OEMs on Fortune’s list, BYD Company is
not limited to just automobiles. Established in 1995, they specialize in new
energy, automotive and IT solutions. Now the world’s leading supplier of
rechargeable batteries, their proprietary Iron-Phosphate battery chemistry has
propelled them into one of the world’s largest electric transit bus suppliers
as well as the industry leader in electric cars. Now making a strong push into
the North and South American markets, the company’s interests go deeper than
simply selling their products. Opening manufacturing facilities for both their
bus and battery businesses in Lancaster, California, BYD is doing everything
they can to help revive the United States economy by creating jobs as well as
products that promote economic sustainability. With more than 180,000 people
employed worldwide, and a $101.3 billion dollar market cap, BYD is obviously a
major player in China’s economy, this just goes to show Fortune’s recognition
is more than a long time coming.

About BYD

BYD is ranked #1 at the top of Bloomberg’s and Business Week's 2009 Tech 100
and is the leading manufacturer of advanced, environmentally-friendly battery
technologies like the BYD’s Iron Phosphate battery used in BYD electric
vehicles and electric buses. BYD’s solar panels and LED Lighting systems have
CEC, TUV/CE and UL listings, and the company enjoys rapid growth in consumer
electronics space and electrified transportation sector manufacturing under
its BYD brand. BYD is the fastest-growing Chinese automotive and green energy
technology enterprise. The company trades on the Hong Kong Stock Exchange
(HKSE) under the ticker numbers HK.0285 – BYD Electronics and HK.1211 – BYD
Company Ltd., as well as on the Shenzhen Stock Exchange under the ticker
number 002594 - BYD Company Ltd. For more information, visit, or email


in China:
Sherry Li, +86-755-8988-8888-69666
In US:
Micheal Austin, 1-800-BYD-AUTO
In Europe:
Penny Peng, +31-102070888
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