BYD’s new Fudi subsidiary works on import & export businesses
Monika From Gasgoo
| December 15 , 2020
Shanghai (Gasgoo)- BYD recently founded Fudi Industry Co.,Ltd., a new subsidiary under Fudi, through which BYD intends to sell batteries and electric components to other automakers.
Photo credit: BYD
Established on Dec. 11, 2020, Fudi Industry involves a registered capital of 500 million yuan ($76,388,350) and is wholly controlled by BYD Company Limited, according to the corporate data platform Tianyancha. Its business scope extends to cover the import and export of goods and technologies, the production and sale of batteries as well as the development of AI-enabled application software.