BYD (Build Your Dreams) was founded in 1995 in Shenzhen, China, as a rechargeable battery manufacturer. It entered the automotive industry in 2003 by acquiring a state-owned car manufacturer. Warren Buffett's Berkshire Hathaway invested in BYD in 2008, significantly boosting the brand's profile. BYD became the world's largest electric vehicle manufacturer by volume in 2022 and 2023. In 2024, BYD became the top-selling car brand in Singapore by authorized dealer registrations and the leading EV brand in Thailand. Its proprietary Blade Battery technology is considered a significant safety and energy density advancement in EV battery design.