Webmaster's Home (ChinaZ.com) January 18 News: Qichacha APP shows that on January 15, FAW Fordi New Energy Technology Co., Ltd. was established, the legal representative is Wu Ruijia, and the registered capital is 1 billion yuan. The company is jointly owned by a wholly-owned subsidiary of BYD and a wholly-owned subsidiary of FAW Group.
The business scope of FAW Fudi New Energy Technology Co., Ltd. includes: the development, production, sales of power batteries and battery systems, as well as the provision of related after-sales and technical consulting services. According to the equity penetration of the enterprise investigation, the company is jointly held by BYD's wholly-owned subsidiary, Fordy Industrial Co., Ltd., and FAW Equity Investment (Tianjin) Co., Ltd., a wholly-owned subsidiary of China FAW Group Co., Ltd.
Not long ago, BYD issued an announcement showing that the cumulative sales volume for the whole year of 2021 is 60. 380,000 units, an increase of 218% over 2020, of which new energy vehicle sales were 584,000 units, an increase of 221.3% year-on-year.
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