BYD Company Limited

Shenzhen , Guangdong China

  (Hong Kong: 1211)

Company Description

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.