---- Besucher ausprobieren oder an einen BYD Qin Plug-in Hybrid Auto auf dem Display während der 14. Internationalen Automobil Ausstellung, auch bekannt als
--FILE--Visitors try out or look at a BYD Qin plug-in hybrid car on display during the 14th Beijing International Automotive Exhibition, also known as Auto China 2016, in Beijing, China, 3 May 2016. Build Your Dreams (BYD) is a Chinese company based in Shenzhen, China. Its business is based around battery manufacturing, with expansion in recent years into conventional and electric car production. They also have energy storage, solar PV, IT and lighting divisions. BYD Co was the global No.1 in 2015 in Electric Vehicle (EV) sales, with around60, 000 sold. Tesla was number 2 with around 50, 000 sales in 2015. China has maintained their EV target of five million EVs on the road by 2020. The Chinese government has said they will speed up the construction of charging stations to meet their target of five million EVs by 2020. The number of public charging piles grew from 1, 122 to 49, 000 at a CAGR of 87.7%, between 2010 and 2015. China plans to boost energy storage by ten fold to 14.5 gigawatts, by 2020. All three items above have huge benefits for BYD as they are primarily a battery and EV company, with energy storage using lithium ion batteries as a growing new business, much like Tesla.
