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What smart money is saying about BYD Co., Ltd.China flag

1211.HK · Consumer Cyclical · Auto - Manufacturers · Market cap $113.31B

4 funds in our archive have pitched BYD Co., Ltd. — most recently Guinness Greater China Fund in December 2025.

Company profile

BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the People's Republic of China and internationally. It operates through three segments: Rechargeable Batteries and Photovoltaic Products; Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The company offers internal combustion, hybrid, and battery-electric passenger vehicles; buses, coaches, and taxis; logistics, construction, and sanitation vehicles; and vehicles for warehousing, port, airport, and mining operations. It also manufactures and sells lithium-ion and nickel batteries, photovoltaic products, and iron batteries primarily for mobile phones, electric tools, and other portable electronic instruments; mobile handset components, such as housings and electronic components; medical protection products; and automobiles, and auto-related molds and components, as well as provides assembly, and automobiles leasing and after sales services. In addition, it offers rail transit equipment; solar batteries and arrays; and urban rail transportation services. The company was founded in 1995 and is headquartered in Shenzhen, China.

Fund coverage · 4 theses

  • Guinness Greater China Fund
    December 2025

    BYD Co., Ltd. is the world’s largest EV maker with technology and cost advantages, in-house batteries, and scale that support superior margins and competitive pricing.

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  • Guinness Greater China
    June 2025

    BYD is the world's largest electric vehicle company by sales volume, holding a 27% market share in China and making significant strides in export markets, particularly in Germany and the UK, while benefiting from technological leadership and cost advantages.

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  • Baron Emerging Markets Fund
    March 2025

    BYD is China's largest EV manufacturer with a dominant market share and competitive advantages in vertical integration and cost structure, positioning it for significant growth and shareholder returns as it expands internationally.

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  • Baron International Growth Fund
    March 2025

    BYD Company Limited is a leading Chinese electric vehicle manufacturer poised for substantial growth due to its competitive advantages and expanding market presence both domestically and internationally.

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