Battery manufacturer BYD has seen its sales go vroom after it entered the automobile business. BYD was once the second-largest rechargeable battery producer in the world, after Energizer. But now the company gets juiced from selling its line of midsize gas and hybrid vehicles in China. BYD manufactures about a dozen models, including a handful of sedans, a couple of minivans, an SUV, and a convertible coupe. With its background in batteries, BYD is also on track to produce its first plug-in, all-electric car, the E6. The company still manufactures electronic components for mobile phones, nickel batteries, and lithium- ion batteries. Berkshire Hathaway subsidiary MidAmerican Energy Holdings owns a 10% stake in BYD.
BYD
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1.90
Overall Excellence Rating
Industry
ManufacturingCategory
Transportation Equipment ManufacturingESG/Ethical Impact
One of the highlights of BYD’s strategy is its commitment to recycling and reusing materials in its supply chain. The company has developed innovative processes to recover and recycle a variety of materials, including lithium-ion batteries, which are critical components in its electric vehicles.
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Awards Received
2023
Revenues
38440000000.00
Website Traffic
Employee Rating
3.40
Customer Rating
4.40
Company Size
10000+
ESG Risk Rating
3.00
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