BYD Auto Co., Ltd. is a Chinese automobile manufacturer based in Xi'an, Shaanxi Province, and a wholly owned subsidiary of BYD Company. It was founded in 2003, following BYD Company's acquisition of Tsinchuan Automobile Company in 2002. Its principal activity is the design, development, manufacture and distribution of automobiles, buses, forklifts, rechargeable batteries and trucks sold under the BYD brand. BYD has achieved top rankings of J.D Power's Quality Study. BYD has been awarded The Top Crash Facility Award. It also has a 50:50 joint venture with Daimler AG, Shenzhen BYD Daimler New Technology Co., Ltd., which develops and manufactures luxury electric cars sold under the Denza brand
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