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BYD Co (BYD Co) Accounts Payable & Accrued Expense for Financial Companies


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What is BYD Co Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


BYD Co (BYD Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (OTCPK:BYDDF) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.