Inicio BYD BYD Moves to Drop In-House Supplier Notes, Shifts Toward Bank Paper

BYD Moves to Drop In-House Supplier Notes, Shifts Toward Bank Paper

BYD Moves to Drop In-House Supplier Notes, Shifts Toward Bank Paper
Logo BYD Company Limited

BYD Company Limited specializes in car-making. The group also develops manufacturing and marketing of rechargeable batteries and mobile telephone components activity. Net sales break down by family of products and services as follows:

– electric vehicles (53.4%);

– mobile telephone components (38.7%): housings, keypads, LCD modules, lenses, flexible circuit boards, chargers, etc. The group also provides assembly services;

– rechargeable batteries (7.6%): lithium-ion batteries and nickel batteries primarily for mobile telephones, digital cameras, tools and electric toys;

– other (0.3%).

China/Hong Kong/Macau/Taiwan account for 61.5% of net sales.