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Himfr.com reports introduction of BYD Auto company

In 2003, the formal acquisition of Shaanxi Qinchuan BYD Auto Co., Ltd, established BYD Auto to enter the field of automobile manufacturing and sales began the development of national self-brand vehicles journey.

Sept. 29, 2009 - PRLog -- BYD Auto - a subsidiary of BYD shares directly. In 2003, the formal acquisition of Shaanxi Qinchuan BYD Auto Co., Ltd, established BYD Auto to enter the field of automobile manufacturing and sales began the development of national self-brand vehicles journey.

BYD Auto insist on independent research and development, independent brand and independent development model of development in order to "build a world-class good car" as the product target in order to "create a nation of world-class automotive brand" as an industry goal, determined to revitalize the national automotive industry.

At present, BYD has built Xian, Beijing, Shenzhen, Shanghai and four major industrial bases, in the vehicle manufacturing, mold development, vehicle research and development and so have reached the international advanced level, industrial structure gradually improved. BYD Auto in Shanghai, building first-class R & D center, with more than 3,000 automotive research and development team, the national R & D each year more than 500 patents.

In Xi'an, the building of the international advanced level of car production lines, total production capacity of 20 million. In Shenzhen to build a modern automobile city, total capacity will reach 30 million units and the construction of a second R & D center, will become senior BYD Auto car production base. Beijing mold manufacturing center, has been the formation of specialized, large-scale pattern of the mold industry for the manufacture of world-famous automobile brand automobile molds.

In 2006, BYD Group realized sales income of 12.9 billion, an increase of 101%; the automobile industry has achieved remarkable results, the main model F3 sales 63153, an increase of 472 percent, nearly 5 billion yuan sales revenue. F3 is also the export of more than 5,000 vehicles, covering 16 countries and regions.

In 2007, BYD F3 sold on a continuous breakthroughs million. From May 2006 basically completed its listing, and then to June 18, 2007 No. 100,000 off the assembly line, BYD F3 only took 14 months of time on the survival of medium-class cars crossed the second threshold; from in June 2007 to June 2008, BYD F3 in 12 months, re-creation of the miracle of production and marketing 100,000, for their own brands the most, known as "King of Speed."

In July 2007, BYD F3R another mid-size national market, with extraordinary power, ultra-safe, cool hatchback shape to lead the new fashion, launched a new hatchback sales storm.

March 18, 2008, BYD F6 sedan's first nationwide high-class business market, the impact of own-brand high-class car market starting from the F6. BYD Auto will be this year, F6, F3R automatic version, F0, F8, DM dual-mode electric vehicle were among at least five new models to market, while production capacity increase to 80 million units, in order to meet market demand. At this point BYD Group has formed seven million square meters of large industrial pattern, in the Group's development of a strong, driven by the strength of BYD Auto will ride in the car a strong tide.

China's BYD to F3DM dual cutting-edge brand leader in electric vehicles, with both F3, F0, F3R, F6, F8 and other vehicle models, unveiled in Guangzhou Auto Show, stirring up Chinese whirlwind. It is

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understood that, F3DM market around the corner, in October of new energy production qualification of the BYD Group access to new energy automobile production qualification review, affirmed the BYD car design with new energy development, production and product sales and after-sales service, etc. capacity, production and access to on-site audit conclusions for the adoption.

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