TIME announced Tuesday BYD (“Build Your Dreams”) earned a spot on its inaugural “100 Most Influential Companies” list, recognizing the company’s extraordinary impact as the world’s leading electric vehicle manufacturer.
Under the headline “Scaling Electric Transport,” Time recognized BYD’s as the world’s leading battery-electric bus manufacturer and cited the “revving up” of BYD’s electric passenger car business, including the popularity of the new luxury sedan Han. The article also mentioned the company’s European presence and a partnership to build Japan’s first electric bus-loop line.
The auto market in China is the world’s largest, and the race is on to make inroads with electric vehicles. . BYD is the Global Sales Champion in Electric Vehicle for four consecutive years from 2015 to 2018. While Tesla is the market leader globally for passenger segment, Chinese BYD—backed by Warren Buffett—is revving up. BYD is also the first and only electric vehicle manufacturer that provides full market new energy vehicle solutions. Although the company’s sales of battery-powered electric passenger cars fell 11% in 2020, demand for its electric luxury sedan, launched in July, is steadily rising. BYD also manufactures electric buses in the U.S. and Europe and has entered into a partnership to help build Japan’s first pure electric bus-loop line. Among its other businesses: rail systems, batteries—for consumer goods as well as renewable-energy storage—and components for handheld electronics. The company’s Hong Kong–listed shares are up more than 300% over the past 12 months.
To assemble the list, TIME solicited nominations across every sector—including health care, entertainment, transportation, technology and more—from its global network of editors and correspondents, as well as from industry experts. Each company was then evaluated on key factors, including relevance, impact, innovation, leadership, ambition and success.
The full list of companies included in TIME’s inaugural list can be found at https://time.com/collection/time100-companies/
BYD, which stands for Build Your Dreams, is the world’s leading electric vehicle company with proven innovative technology for cars, buses, trucks, forklifts, and rail systems – like SkyRail. BYD is dedicated to creating a truly zero-emission ecosystem offering technology for solar electricity generation, energy storage to save that electricity, and battery-electric vehicles powered by that clean energy. BYD is the only Chinese automobile maker backed by Warren Buffett and has 220,000 employees across the globe. BYD is the Global Sales Champion in Electric Vehicle for four consecutive years from 2015 to 2018. Read More
Cimex successfully managed to get the dealership of world leading electric vehicle maker BYD in Nepal. Being the authorized distributor of BYD in Nepal, Cimex introduced electric vehicle in Nepal with the aim to bring green revolution in automobile sector of Nepal. Electric vehicles in Nepal could be a solution to ever-growing environmental problem and with the electricity generation potential, Cimex Inc aims to capitalize the opportunity and maneuver the country toward green revolution via electric mobility. BYD has been the global sales champion for 4 consecutive years from 2015 to 2018. Cimex offers wide choice of electric vehicle in Nepal ranging from electric SUVs, MPVs, Forklifts, eBus in Nepal. Along with this Cimex also provides electric mobility solution- EV charger, after-sales service, charging infrastructure network. Cimex is also the Largest Charging Station Operator in Nepal. Read More